Commercial Car Park Investment Opportunity in Central Lisbon

€2,950,000

Lisboa, Lisboa, Portugal

  • 4 bed
  • 1 bath
  • 1350 m²
  • SingleFamilyResidence

The Habio take

AI summary

This expansive 1,350 m² commercial space in the Novas Avenidas area of Lisbon is currently operating as a car park with capacity for 60-70 vehicles. Its prime location near the Gulbenkian makes it an ideal investment for generating rental income.

  • city
  • investment

Highlights

  • Prime location near Gulbenkian
  • Capacity for 60-70 vehicles
  • Fully renovated with modern facilities
  • License for various commercial activities
  • Equipped with video surveillance system

Worth knowing

  • Currently functioning as a car park may not suit all buyers
  • Limited residential features

Good fit for: Ideal for investors seeking a profitable commercial opportunity in Lisbon.

Lifestyle scores

Beach
0
Walkable
80
Remote work
70
Family
20
Retirement
30
Airport access
75
Investment
85
Luxury
60
Value
55

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