Apartment T1 in Santa Maria Maior of 55 m²

1-Bedroom in Alfama – READY TO MOVE IN OR RENT OUT

Discover the charm of Alfama in Lisbon and enjoy the authentic Lisbon lifestyle in this small and charming apartment, fully furnished and equipped, nestled in the heart of Alfama, the most traditional and picturesque neighborhood of the Portuguese capital.

Located on the 1st floor of a historic building with no elevator, this cozy 40 m² apartment offers:
• Small living room with open kitchen
• Bedroom with window
• Versatile interior room
• Modern bathroom

• INVESTMENT POTENTIAL
This property represents an excellent opportunity for investors. With a confirmed rental income of €950/month and a sale price of €240,000, it offers a gross annual return of 4.75%. A solid investment in one of Lisbon’s most iconic neighborhoods—ideal for those seeking immediate return and long-term value, whether for long-term rental or as a primary residence with rental potential.

• DETAILS THAT MAKE A DIFFERENCE
With tasteful, contemporary décor, this space is perfect for those seeking comfort and simplicity.

Double-glazed windows for thermal and acoustic insulation

False ceilings with recessed lighting for a modern, elegant feel

Wooden flooring for added warmth and style

• BUILDING
Traditional-style building, renovated in 2018

• PARKING
Just a 6-minute walk from the Portas do Sol Parking, which offers monthly passes.

• LOCATION & SURROUNDINGS
Located on Rua de Santo Estêvão, near Rua dos Remédios.

A historic setting close to:
• Museums and cultural centers (Fado Museum, José Saramago Foundation)
• Santo Estêvão Viewpoint (100 m), Jardim do Tabaco (400 m)
• Public transport: Tram 28, buses, and Santa Apolónia train/metro station nearby
• ISPA – University Institute just a 7-minute walk away
• Traditional shops, restaurants, cafés, and local bakeries
• Fado and culture at your doorstep – a true Lisbon experience

• VISITS & MORE INFORMATION
📞 Maria Lourenço | iad Portugal