Renovated Store in Prime Downtown Lisbon Location

€1,800,000

Lisboa, Lisboa, Portugal

  • 0 bed
  • 1 bath
  • 261 m²
  • SingleFamilyResidence

The Habio take

AI summary

This fully renovated store in downtown Lisbon offers an impressive internal area of 261 m², making it an ideal choice for commercial opportunities. Positioned in a vibrant area, it benefits from high foot traffic and access to a wealth of amenities.

  • city
  • investment

Highlights

  • Significant internal space of 261 m²
  • Heart of downtown Lisbon locale
  • Excellent visibility and foot traffic
  • Part of a mixed-use development
  • Close to local amenities

Worth knowing

  • No traditional residential features
  • May require additional renovations for specific business needs

Good fit for: Perfect for investors looking to establish a commercial presence in a bustling area.

Lifestyle scores

Beach
0
Walkable
90
Remote work
60
Family
30
Retirement
40
Airport access
70
Investment
85
Luxury
70
Value
60

About this place

Located in the heart of downtown Lisbon, this building benefits from a privileged location and has been completely renovated. This building comprises 2 stores and 18 apartments, from studio to 3 bedroom apartments and 2 shops, spread over 5 floors, with areas between 35 m2 and 125 m2. Completion forecast: 3rd quarter 2023

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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€1,800,000