Renovated Store in Classic Bairro Alto Building

€280,000

Lisboa, Lisboa, Portugal

2 bed
1 bath
43 m²
SingleFamilyResidence

The Habio take

AI summary

This store, located in the Luz Soriano Palace project, boasts a modern design while retaining its classical charm. Situated in Bairro Alto, a vibrant Lisbon neighbourhood known for its nightlife and cultural heritage, it offers a unique investment opportunity.

investment
historic
city

Highlights

Renovated classical building
Ideal for investment
High potential for profitability
Centrally located in Bairro Alto
Modern exclusive character

Worth knowing

No residential facilities included
Limited internal area of 43 m²
Commercial use may limit flexibility

Good fit for: Ideal for investors seeking high-return opportunities in a popular Lisbon area.

Lifestyle scores

Beach: 20
Walkable: 90
Remote work: 60
Family: 30
Retirement: 40
Airport access: 70
Investment: 85
Luxury: 75
Value: 60

About this place

Store with 47 m2, inserted in the new project Luz Soriano Palace, in the middle of Bairro Alto. The building, of classical design, completely renovated by recognized architectonic office, now assumes a modern, exclusive character. With a privileged location, this store presents itself as a safe investment, with guarantee of the highest profitability and valuation in time.

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