Prime Commercial Property for Car Park in Central Lisbon

€2,950,000

Lisboa, Lisboa, Portugal

  • 4 bed
  • 1 bath
  • 1350 m²
  • SingleFamilyResidence

The Habio take

AI summary

This newly renovated commercial space offers an impressive 1,350 m², ideally located next to the renowned Gulbenkian Museum. Currently functioning as a car park with the capacity for 60 to 70 vehicles, it presents a lucrative investment opportunity in a bustling area of Lisbon.

  • investment
  • rental income
  • city

Highlights

  • Extensive area of 1,350 m²
  • Licensed for various commercial activities
  • Ample capacity for 60-70 vehicles
  • Fully renovated with modern amenities
  • Central location near Gulbenkian
  • Includes automated parking and surveillance system

Worth knowing

  • Primarily designed as a commercial space, not residential
  • High initial investment required

Good fit for: Ideal for investors looking for stable income and growth in a prime urban location.

Lifestyle scores

Beach
10
Walkable
90
Remote work
40
Family
20
Retirement
30
Airport access
80
Investment
85
Luxury
75
Value
50

About this place

Commercial space to be used as a car park next to the Gulbenkian. Prime location of the city, extensive area with need for parking. Ample space, space with 1350 m2 and a great ceiling height. It has a license to carry out any type of commercial activity, including a smoke extraction duct. It currently functions as a car park, includes Tickets and Car Washes, with a total capacity for 60/70 vehicles with a driver, of which 35 are marked. The building has been completely renovated (exterior and interior). Exterior walls, general painting, waterproofing, structure, floors, roof, smoke exhaust, plumbing, sewage, electricity, all technical equipment, automatic parking control system and video surveillance system. Great investment opportunity with attractive income. Mark your visit!

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. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 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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€2,950,000