Well-Maintained Commercial Property in Restelo
€585,000
Lisboa, Lisboa, Portugal
- 2 bed
- 2 bath
- 139 m²
- SingleFamilyResidence
The Habio take
AI summaryThis well-preserved commercial property in Restelo offers a fantastic investment opportunity, featuring 139 m² of space with a long-standing client base. Conveniently located in Lisbon, it has been successfully operational since the 1960s and benefits from recent renovations in 2013.
- investment
- commercial
- city
Highlights
- 139 m² total area
- Operational since the 1960s
- Renovated in 2013
- Basement converted into offices
- High-quality decor and maintenance
- Loyal clientele for hair salon
Worth knowing
- Specific zoning restrictions may apply
- Potential for high operational costs
Good fit for: Ideal for investors seeking a profitable business opportunity in Lisbon.
Lifestyle scores
- Beach
- 10
- Walkable
- 70
- Remote work
- 50
- Family
- 30
- Retirement
- 20
- Airport access
- 80
- Investment
- 75
- Luxury
- 60
- Value
- 45
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
