Fully Operational Building with AL Licence in Praça das Flores Immediate Returns, Exceptional Yield

Misericórdia, Lisboa, Portugal

€2,800,000

REF. 22154

  • 6 Bedrooms
  • 7 Bathrooms
  • 300m 2
  • 70m 2

Property Description

Where heritage meets high yield, this design-led, income-generating asset stands at the heart of Praça das Flores — one of Lisbon’s most coveted and tightly held neighbourhoods. A truly rare opportunity, this fully operational, high-performing building comprises six AL-licensed apartments spread across four floors, ranging from T0 to T1, each crafted for modern comfort and an exceptional guest experience. Delivering a 10%+ yield and strong capital appreciation potential, it combines timeless architectural charm with contemporary performance.

Recently refurbished to the highest standards, the building is available as a turn-key investment, fully furnished and equipped for an additional €120,000, with no CAPEX required. Each apartment features elegant interiors, thoughtful layouts, and outdoor spaces including a balcony, rooftop terrace, and garden ensuring consistent demand and excellent guest satisfaction. Its boutique design and prime location underpin the asset’s strong rental ratings and outperforming revenue metrics.

This is an immediate cash-generating asset with a proven operational track record and an experienced operator available to continue management, offering investors seamless income continuity and peace of mind. With AL licenses increasingly scarce in Lisbon, this property stands out as a protected cashflow generator in a market defined by strong demand and limited supply.

Nestled within a vibrant, creative, and cosmopolitan enclave, Praça das Flores has been recognized globally as one of the world’s coolest squares. Its unique blend of charm, connectivity, and lifestyle – from artisan cafés and boutique shops to wellness studios and cultural venues – makes it a micro-location of enduring value. An investment that performs as beautifully as it lives, this property seamlessly blends design, location, and income into one of Lisbon’s most exceptional opportunities.

Reference: 22154

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Highlights

  1. Air conditioning
  2. Balcony
  3. Central location
  4. Double glazing
  5. Equipped kitchen
  6. Fitted wardrobes
  7. Floors: 4
  8. Furnished
  9. Garden
  10. Heating
  11. Investment Property
  12. Laundry
  13. Microwave
  14. Proximity: Airport
  15. Proximity: Beach
  16. Proximity: City
  17. Proximity: Hospital
  18. Proximity: Pharmacy
  19. Proximity: Playground
  20. Proximity: Public Transport
  21. Proximity: Restaurants
  22. Proximity: Schools
  23. Proximity: Shopping
  24. Refrigerator
  25. Renovated
  26. Renovation year: 2025
  27. Rental licence
  28. Roof terrace
  29. Solar orientation: North
  30. Solar orientation: South
  31. Terrace
  32. Views: City view
  33. Views: Garden view

Sara Ambrósio

+351 913 256 444
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