Immediate cash generating turn-key building with AL license in Praça das Flores

A rare opportunity in one of Lisbon’s most desirable and tightly held neighbourhoods, this design-led, income-generating building sits at the heart of Praça das Flores. Fully operational and cash-flowing from day one, the asset comprises six AL-licensed apartments across four floors (T0–T1), delivering modern comfort and an excellent guest experience. With forecasted gross yields above 10%, it combines architectural heritage with strong contemporary performance.

Recently refurbished, the property is available as a turn-key investment, with the option to acquire it fully furnished and equipped, requiring no additional CAPEX. Each apartment features elegant interiors, efficient layouts, and desirable outdoor spaces including a balcony, rooftop terrace, and garden. High demand and strong guest satisfaction consistently support its premium rental results.

The building benefits from an established operational track record, with an experienced operator available to continue management, ensuring continuity of income and smooth transition for investors. In a market where AL licenses are increasingly scarce, this asset stands out as a protected and high-yielding cashflow generator.

Acquisition is structured as a Shared Deal, meaning the property and its AL license remain within the same corporate entity. This guarantees the seamless transfer of the AL license to the buyer.

The asking price is open to negotiation, subject to discussions regarding the level of property-management involvement.

Located in a vibrant, creative, and cosmopolitan enclave, Praça das Flores has been internationally recognised as one of the world’s coolest squares. Its blend of charm, connectivity, and lifestyle from cafés and boutiques to wellness studios and cultural venues, makes it a micro-location of enduring value. This asset offers a rare combination of design, location, and secure income in one of Lisbon’s most exceptional investment opportunities.

Reference: 22154