Historic Commercial Space with River Views in Alfama
€1,100,000
Lisboa, Lisboa, Portugal
- 3 bed
- 3 bath
- 138 m²
- SingleFamilyResidence
The Habio take
AI summaryThis unique commercial space, located between Baixa de Lisboa and Alfama, offers an opportunity for both investment and restoration. Set in a classified 18th-century building, it boasts wide frontage facing the Tagus River and features two stores along with a terrace, perfect for leveraging Lisbon's vibrant atmosphere.
- historic
- investment
- city
- walkable
Highlights
- Investment potential in historic area
- Stunning views of the Tagus River
- Terraces at ground and first floor
- Opportunity for commercial and residential adaptation
- Proximity to key cultural sites
Worth knowing
- Requires renovation and requalification
- Commercial space may have varying foot traffic
- Potentially limited parking options
Good fit for: Ideal for investors or those seeking a historical restoration project in Lisbon.
Lifestyle scores
- Beach
- 40
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 50
- Airport access
- 75
- Investment
- 85
- Luxury
- 70
- Value
- 55
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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