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Versatile Commercial Space for Renovation in Arroios

€930,000€1,431/m²

Lisboa, Lisboa, Portugal

  • 3

    bedrooms

  • 3

    bathrooms

  • 650 m²

    interior

  • House

    property type

  • 10 May 2026

    listed

The Habio take

AI summary

This expansive 650 sqm store in Arroios presents a prime redevelopment opportunity, situated just 328 feet from Largo do Leão. With multiple entrances and extensive internal space, it offers incredible versatility for various business ventures.

  • city
  • new build
  • investment

Highlights

  • 650 sqm of internal space
  • Four independent entrances
  • High ceilings over 9.8 ft
  • Close to Largo do Leão
  • Flexible space for diverse business uses

Worth knowing

  • Requires renovation
  • Zoning restrictions may apply

Good fit for: Ideal for entrepreneurs seeking a prominent commercial location.

Lifestyle scores

Beach
10
Walkable
80
Remote work
60
Family
30
Retirement
40
Airport access
70
Investment
75
Luxury
50
Value
65

About this place

Large shop of 650 sqm to renovate located in Arroios, 328 ft from Largo do Leão. It has 4 independent entrances, two on the same street and the third and fourth on the back of the store located on another street. The store can be divided into two or three autonomous spaces depending on the business that is implemented. The first and second entrances lead to a space that has a total of 216 sqm, although it is currently divided into two stores. The third entrance gives access to another store of about 60 sqm which has access by stairs to a basement of 430 sqm. There is direct communication between this 60 m2 store and one of the stores facing the main street. It is a store that offers a multitude of spaces, an independent entrance for loading and unloading, a ceiling height exceeding 9.8 ft high in several rooms, and ample storage space. It can be used for a wide range of businesses: supermarkets, gyms, car repair shops, car dealerships, company headquarters, co-working spaces, and appliance stores, among others.

PT

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.

  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).

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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