Unique Commercial Space with Terraces in Historic Lisbon
€1,100,000
Lisboa, Lisboa, Portugal
- 3 bed
- 3 bath
- 138 m²
- SingleFamilyResidence
The Habio take
AI summaryThis remarkable commercial space in a classified 18th-century building offers a prime investment opportunity in the heart of Lisbon, situated between Baixa and Alfama with stunning views of the Tagus River. Its historic charm and potential for expansion make it an exceptional choice for investors looking to tap into the vibrant local market.
- investment
- historic
- city
Highlights
- Prime location between Baixa and Alfama
- Historic 18th-century building
- Two stores plus over-store totaling 250 m²
- Terraces on the ground and first floor
- Opportunity for restoration and adaptation for commerce and housing
- Potential for significant capital appreciation
Worth knowing
- Commercial space may require significant renovation
- Zoning regulations may affect usage
- Potential disruption from neighbouring developments
Good fit for: Ideal for savvy investors seeking a historic commercial opportunity in Lisbon.
Lifestyle scores
- Beach
- 30
- Walkable
- 90
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 85
- Luxury
- 75
- Value
- 65
About this place
In a “classified” building, built at the end of the century. 18th century, uniquely located, between Baixa de Lisboa and Alfama, is this commercial space, with a wide front facing the Tagus River, consisting of two stores and an over-store, totaling 250m m2. The building that integrates this space, shares the design of the main façade, with the adjoining property, with continuous terrace at the first floor level, much to the taste of the time, being an integral part of a heterogeneous urban front, symbol of the beauty and historical uniqueness of "Campo das Cebolas", Given the patrimonial value of these properties, as well as the need for their requalification and valorization, was presented to the City Hall of Lisbon a project of joint alterations for expansion of the construction area, with unification of the façade and adaptation of the interiors to commerce and housing. With excellent conditions for restoration, with terrace on the ground floor and terrace (1st floor), this space is undoubtedly a rare opportunity for real estate investment in the most important area of historical and urban interest in Lisbon.
Buying property in Portugal
Full guide →Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
The buying process
- 1
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
- 2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
- 3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
- 4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
- 5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
- 6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
- 7
Register the property
Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).
- NIF (tax number)
- Portuguese bank account
- Passport / ID
- Fiscal representative(optional)
Required for non-EU/EEA residents
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
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