€1,800,000
A guesthouse located in Alfama, Lisbon, presents an opportunity for investment with a gross floor area of 285 square metres. It consists of two renovated apartments, each featuring five suites, a check-in area, a communal kitchen, a reading area, and a 50 square metre patio. With a guaranteed yield of 5.2 percent, currently generating 6,500 euros per month, the property is under a seven-year contract.
Alfama, known as Lisbon’s oldest neighbourhood, is characterised by its winding alleys and narrow streets. Visitors can enjoy the melancholic sounds of fado in local restaurants. The guesthouse is just a two-minute walk from the iconic Tram 28, and within ten minutes of the Portas do Sol Viewpoint, Santa Apolónia train station, Avenida Infante D. Henrique, and St. Louis Hospital. Lisbon Airport is a 20-minute drive away, while the property is also within 15 minutes of local universities and schools.
The information provided on this webpage has been obtained from sources believed reliable, this may be subject to errors, change of price, prior sale, or withdrawal without notice. Fine Luxury Property Ltd®, it’s partners and collaborators do not guarantee the accuracy of any information contained on our websites.
Property on Map
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