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Two spacious bedrooms, two modern bathrooms
Attractive period building, balcony, furnished
Short walk to The Tagus River and amenities
Eligible for the Golden Visa Programme
Spotblue.com is pleased to present this two bedroom apartment for sale in Baixa, Lisbon, located in the historic centre of the capital. Boasting a prime location; only four minutes’ walk to The Tagus River and Praca do Comercio, Lisbon’s most popular plaza. There is a superb selection of eateries in the immediate vicinity and it’s close to transport links.
What is Baixa in Lisbon like?
Baixa, with its splendid architecture, monumental squares and a busy commercial hub is the place to be. Descending from nearby Chiado via the Elevador de Santa Justa, Baixa unfolds in a rectilinear street grid down towards the riverfront, a rarely relenting energy coursing through its veins. Rua Augusta, one of Baixa’s main attractions, is to Lisbon what Covent Garden is to London, its mosaic tiled pedestrianised walkways are alive with outdoor cafes. Art Deco shop-fronts, flower shops, terraced restaurants and the occasional street artist and peddler. Streets once named after the goods they sold are now home to trendy stores and boutique shops, while new arrivals to the area, such as Fashion Week and Start-Up Lisboa, promise to drive its cultural importance in the city. Baixa’s central location and excellent transport links makes it is one of the best connected neighbourhoods in the city.
Where is this apartment in Baixa, Lisbon?
The historic heart of Lisbon, Baixa is home to some of the city’s most famous landmarks such as the iconic Arco da Rua Augusta and Praca do Comercio, a grand plaza which was once the city’s commercial centre. Whilst Lisbon is famous for its seven hills, Baixa, which means ‘low’ in Portuguese, is flat which makes it a popular place to call home and explore by foot. Whilst Baixa is buzzing during the day, this neighbourhood is more relaxed in the evenings.
Baixa is also a perfect base for discovering the rest of the city. Avenida da Liberdade, one of Europe’s best high-end shopping streets is just 15 minutes’ walk away and lively Chiado is a 10 minute stroll. This prime location offers an excellent opportunity to invest in buy-to-let apartments.
What is this apartment like?
This well-appointed apartment is located on the first floor of a traditional period Portuguese building with a lift which was renovated in 2017 and features a carefully preserved facade with beautiful azulejos (tiles). Spanning 107 sqm, this furnished apartment comprises of a spacious living room and dining area as well as two double bedrooms. The master bedroom boasts an en-suite bathroom whilst the other bedroom has a delightful balcony. With high ceilings and floor-to-ceiling windows, this property enjoys plenty of natural light, making it bright and airy.
This apartment for sale in Baixa, represents an opportunity for those seeking a buy-to-let property in Lisbon. Thanks to its prime location in central Lisbon with landmarks, museums and restaurants close by; this Baixa property is expected to perform well on the rental market. In addition, if the future owner decides to rent out this apartment on a long-term basis they will be able to generate an estimated rental yield of 3.25%.
This property is eligible for Portugal’s Golden Visa Programme. One of the best residency programmes around. This scheme allows those who invest €500,000 or more in real estate in Portugal, to apply for Portuguese (EU) residency. After five years, it is then possible to apply for full Portuguese citizenship.
Floor Space: 107m2
Distance from the airport: 30 minute drive
Nearest airport: Lisbon Airport
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