Versatile Commercial Space with Established Clientele in Restelo

€585,000

Lisboa, Lisboa, Portugal

2 bed
2 bath
139 m²
SingleFamilyResidence

The Habio take

AI summary

This well-preserved commercial property offers 139 m² of space with a strong operational history and a loyal customer base. Located in Restelo, Lisboa, it presents an excellent investment opportunity in a thriving urban neighbourhood.

city
investment

Highlights

Established business since the 1960s
Recently renovated in 2013
High-quality, tasteful decor
Versatile usage with office space in the basement
Ground floor operational hair salon

Worth knowing

Primarily set up for hairdressing and aesthetics
Potential need for new business direction if selling salon

Good fit for: Ideal for investors looking for an established business opportunity or commercial space.

Lifestyle scores

Beach: 0
Walkable: 70
Remote work: 55
Family: 0
Retirement: 0
Airport access: 60
Investment: 75
Luxury: 60
Value: 65

About this place

Great investment opportunity in a commercial property. This property features an area of 139 m2 and has been operational since the 1960s, having been renovated in 2013. The basement has been converted into offices and support structures for all activities, except for the hair salon which operates on the ground floor. The property boasts tasteful, high-quality, and well-maintained decor. The space has a large and loyal clientele and is very well preserved, allowing hairdressing and aesthetics activities to continue smoothly and automatically, without the need for intervention.

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