Historical Palacete in Avenidas Novas – Lisbon

Rare historical palacete located in the prestigious Avenidas Novas Marquês de Pombal district, one of Lisbon’s most sought-after central areas.

Offering approximately 1,300 sqm of built area and 78 sqm of private outdoor spaces, the property stands as a true trophy asset, combining architectural distinction, remarkable state of preservation, and a highly strategic urban location. The building has been continuously occupied and meticulously maintained, ensuring long-term structural integrity while preserving its original proportions and refined architectural character.

The palacete is distinguished by its noble façade, intricate decorative plasterwork, elegant mouldings, and generous ceiling heights, all reflecting the craftsmanship and heritage of its period. Its enfilade layout and spacious volumes create a strong sense of light, flow, and hierarchy throughout the interiors, while rare private patios enhance privacy and serenity in the heart of the city.

Strategically positioned, the asset benefits from immediate access to Lisbon’s main business, cultural, and lifestyle hubs, while maintaining a discreet and residential atmosphere.

The property offers significant value-add potential through multiple repositioning strategies:

Premium commercial use (wellness, medical, flagship retail, hospitality, or headquarters)
Residential conversion into eight approved units
Ultra-prime private residence for high-net-worth individuals seeking a unique heritage asset

With its combination of scarcity, flexibility, and patrimonial value, this palacete represents a compelling investment opportunity in Lisbon’s prime real estate market, offering both capital preservation and long-term upside.
Reference: 22334