Apartment T1 in Santa Maria Maior of 43 m²

Charming 1-Bedroom Apartment in Historic Alfama - Prime Investment Opportunity with High ROI Potential!

This delightful 1-bedroom apartment, situated in the heart of Lisbon’s beloved Alfama district, offers a unique investment opportunity. Perfect for medium- to long-term rentals, this property captures the authentic charm of Lisbon while delivering impressive rental income potential.

Key Features
Located in Alfama’s pedestrian-friendly center, this apartment is surrounded by the district’s rich culture, historic sites, and a vibrant selection of cafes and restaurants. The property allows residents and guests alike to immerse themselves in the area’s signature charm, from its winding streets to traditional Fado music and local cuisine just steps away.

In move-in-ready condition, the apartment requires no additional work, enabling immediate use for personal occupancy or rental. Currently, the owners are renting the property on a short-term basis on both Airbnb and Booking.com, providing a solid stream of revenue even on a part-time rental schedule. Despite its partial rental use, the property still achieves close to a 10% gross ROI, making it a compelling option for investors. Given Alfama’s popularity among tourists and long-term tenants alike, expanding rental availability could further increase returns.

Adding to its value, the apartment's Alejamento Local (AL) license is now transferable, effective as of November 1, 2024. This feature enhances the apartment’s attractiveness as a turnkey investment in Lisbon’s competitive rental market.

Additional Information
Due to ongoing bookings, viewings are limited and should be scheduled in advance. For more information or to arrange a visit, please reach out. I am fluent in Portuguese, French, and English and available by phone, email, or digital channels to assist with inquiries and provide tailored support throughout the buying process.

As an independent real estate consultant with IAD, I offer a 50/50 commission split with agencies holding an AMI number and am committed to ensuring a seamless experience at every stage.

Don’t miss out on this chance to own a piece of Alfama’s rich heritage while benefiting from an attractive rental setup with strong ROI. Contact me today to take the next step toward making this charming property yours.