ideally Located 9 Apartment Building, Rua Costa de Castelo at 'Sao Jorge Castle', Downtown Lisbon, Portugal
Euroresales Property iD - 9826151
Rua Costa de Castelo
Famed for its glorious Atlantic beaches, golf resorts and low cost of living compared to similar places, Portugal continues to be one of the most desirable places anywhere in the world to live. This excellent apartment building offers someone the chance to make a smart investment into this simply wonderful part of the world.
Located right beside the historic Sao Jorge Castle in the heart of the country's famous capital, Lisbon, this magnificent and unique property, has been tastefully restored into a stunning, modern apartment building featuring 9 apartments, ranging from 2-4 bedrooms and all with their own excellent and unique features such as air conditioning and terrace areas to enjoy the surrounding views and bask in the warm sunshine. This really is a blank canvas just waiting for someone with the vision and ambition to transform it into a superb residential or commercial project.
This building offers a unique opportunity of being right at the heart of this mesmerising city, just walking distance from the heart of the city's commerce known as Lisbon Baixa (Baixa de Lisboa) but also just a few km away from many of the region's glorious beaches.
Thanks to its ideal location, this property not only offers buyers a potentially wonderful, spacious and comfortable place to live themselves, but is also a smart investment into the ever-growing Portuguese holiday rental market. Lisbon is not only a stunning place in its own right but is also a great base from which to explore the many other fantastic places Portugal has to offer such as Setubal, Porto and of course the famous Algarve.
One other huge attraction in the holiday rental market is the fact the area is surrounded by countless sports and leisure opportunities such as the many nearby walking, cycling, water sports and fishing areas. Golf fans will also feel right at home with many courses nearby including Golfe Paco do Lumiar and Oeiras Golf. No discussion on sports in Lisbon would be complete without mentioning the fact that the city hosts two of the most iconic clubs in world football in Benfica and Sporting Lisbon, who compete in Portugal's top division, the Primeira Liga, the home stadiums of both clubs are less than 10km away from the property.
The area is also very well-connected transport wise both locally and internationally with Lisbon Portela Airport roughly 5 miles away, this is of course yet another huge plus point in the context of the holiday rental/commuter markets.
The building is composed of 9 apartments in excellent condition with plenty of natural light:
1st FLOOR RiGHT: T3, 79 m2
3 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 4.5 m2 with views over the city, air conditioning.
1st FLOOR LEFT: T3 + 1, 70 m2
4 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 3.0 m2 with views over the city, air conditioning.
GROUND FLOOR RiGHT: T3, 70 m2
3 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 3.0 m2 with views over the city, air conditioning
GROUND FLOOR LEFT: T4, 74 m2
4 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 4.5 m2 with views over the city, air conditioning
BASEMENT RiGHT: T3, 74 m2
3 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 18.0 m2 with views over the city, air conditioning
BASEMENT LEFT: T2+1 de 75 m2
3 bedrooms, 1 sitting room, 1 kitchen, 1 bathroom, 1 WC, terrace 13.0 m2 with views over the city, air conditioning
DOOR 2A: T1 +1 de 36 m2 (studio)
2 bedrooms, sitting room + kitchen, bathroom
DOOR A: T1 de 24 m2 (studio)
1 Bedroom, sitting room + kitchen, patio
DOOR B: T2, 35 m2
2 bedrooms, sitting room + kitchen, bathroom, patio
ABOUT THE AREA
Seven cinematic hillsides overlooking the Rio Tejo cradle Lisbon's postcard-perfect panorama of cobbled alleyways, ancient ruins and white-domed cathedrals - a captivating scene crafted over centuries.
Dining in Lisbon is far more dynamic than navigating countless preparations of Portugal's beloved bacalhau (dried and salted cod fish; 365 recipes and counting!). While bacalhau a Bras (shredded cod with onions, eggs and potatoes; a Bairro Alto original) is never far, Lisbon's strategic seaside position on Europe's doorstep means a bounty of fresh seafood (octopus, tuna, monkfish, shrimp, sardines, clams, snails) rules the city's kitchens, from Michelin-starred restaurants to gourmet-food markets to countless corner tascas (taverns). Top-grade Alentejan beef beckons with juicy steaks and gourmet burgers, and you'll find everything from tantalising indian curries to authentic Moroccan couscous in between.
Low cost of alcohol and the absence of open-container laws means Lisbon loves a night on the town! Don't be fooled by Bairro's Alto's sleepy daytime feel - by night, these narrow cobbled lanes transform into one of Europe's most lively drinking locales. Student dives, traditional fado houses, upscale wine bars and LGBT hot spots merrily coexist among the muddled mess. in Cais do Sodre, Pink Street and environs are home to some of the city's classic nightclubs and rowdiest cocktail bars, while trendier mega clubs stretch along the waterfront from Santos to Santa Apolonia. Last call? Sunrise!
Lisbon's trademark seven hills are spread across the cityscape like lofty guardians of colour and history. Capped by a collection of terraces known as miradouros (viewpoints), a must-see web of no-filter-necessary views over Lisbon, the Tejo and beyond is formed. Our favourite miradouros - Portas do Sol, Sao Pedro de Alcantara, da Graca, da Senhora do Monte, Santa Luzia and, of course, Castelo de Sao Jorge - all offer stunning spots to get your bearings and while away afternoons over bica (espresso), elegant glasses of Touriga Nacional or refreshing pitchers of sangria, while enjoying the city's stupendous horizons.
For a superb visual representation of the area, copy and paste the following link to your browser: https://youtu.be/Eni3aTLfdei
Located in a peaceful and friendly area
Recently refurbished to excellent standards
9 apartment building
Range of apartments from 2-4 bedrooms
Terrace areas on apartments
Modern, open plan designs
Massive potential in the holiday rental market
Walking distance to the hub of the city, known as Lisbon Baixa (https://www.lisbon.net/baixa)
Walking distance to the magnificent Castelo de Sao Jorge (https://castelodesaojorge.pt/en)
Short distance to many stunning beaches
Walking distance to essential amenities like such as supermarkets and pharmacies
Walking distance to many excellent bars and restaurants
Great base from which to discover other fantastic areas such as Porto, Setubal and The Algarve
Many excellent water sports facilities, fishing, walking and cycling areas nearby
Surrounded by many excellent golf courses such as Golfe Paco do Lumiar (https://www.golfepacodolumiar.pt) and Oeiras Golf (https://www.portugalgolf.net/en/golf-courses/oeiras-golf-course/298)
Just 10km away from the home stadiums of two of world football's biggest clubs, Benfica and Sporting Lisbon
Excellent local transport links
Just 5 miles from Lisbon Portela Airport
Contact Euro Resales Ltd to book an inspection