700 000 €

Building in Estrela, Lisboa

Lisboa, Lisboa

250 m²

Energy efficiency

Building for sale

Identificação do imóvel: ZMPT590038 PRIME CORNER BUILDING IN LISBON | VALUE-ADD INVESTIMENT OPPORTUNITY Rua Possidónio da Silva / Travessa da Torrinha — Lisboa A distinctive three-storey corner building in one of Lisbon’s established traditional neighbourhoods, offering a compelling combination of location, existing income, architectural character and medium-term value-creation potential. Positioned at the intersection of Rua Possidónio da Silva and Travessa da Torrinha, the property retains...Identificação do imóvel: ZMPT590038 PRIME CORNER BUILDING IN LISBON | VALUE-ADD INVESTIMENT OPPORTUNITY Rua Possidónio da Silva / Travessa da Torrinha — Lisboa A distinctive three-storey corner building in one of Lisbon’s established traditional neighbourhoods, offering a compelling combination of location, existing income, architectural character and medium-term value-creation potential. Positioned at the intersection of Rua Possidónio da Silva and Travessa da Torrinha, the property retains the distinctive character of Lisbon’s traditional urban architecture, including its tiled roof eaves, Portuguese calçada frontage and authentic residential streetscape. The building has already benefited from external façade refurbishment and improvements to several internal infrastructure systems, providing a substantially improved starting point for a future investment and repositioning strategy. The property is particularly suited to investors, developers and private buyers seeking a value-add asset in Lisbon, with the opportunity to progressively reposition the building as existing tenancies expire. AN ASSET WITH CLEAR VAÇUE-CREATION PATH The current tenancy structure creates an attractive transition period for an investor: - Ground Floor / Retail Unit — currently leased until the end of 2026. A termination notice has already been served, with the unit expected to become vacant thereafter. The space benefits from three street-facing openings and strong street exposure. - 1st Floor — currently subject to a lifetime tenancy. - 2nd Floor — currently leased until 31 March 2027. A termination notice has already been served, with the floor expected to become vacant thereafter. The unit benefits from windows facing two streets. This creates a defined near-term opportunity to take control of a significant portion of the building and develop a medium-term repositioning strategy, while retaining the existing income from the property during the transition period. INVESTIMENT HIGHLIGHTS Prime corner positioning A highly visible corner building with frontage onto two streets, providing a distinctive physical presence within an established Lisbon neighbourhood. Partially refurbished asset The external façades have already been refurbished, together with improvements to several internal infrastructure elements. Near-term vacancy The retail unit is scheduled to become vacant at the end of 2026, followed by the 2nd floor after 31 March 2027, subject to the effective termination of the respective tenancies. Value-add potential The future availability of these areas creates an opportunity to reassess the configuration, use and positioning of the property and to implement a tailored refurbishment strategy. Urban development potential The building's configuration may warrant further assessment of the potential to add an additional floor, subject to urban planning feasibility, project approval and the applicable licensing requirements. Existing income The property currently generates rental income, allowing an investor to maintain an income component while developing the future strategy for the asset. Scarce Lisbon asset profile A traditional corner building combining retail and residential use, architectural character and redevelopment potential — a profile that is increasingly difficult to source in established central Lisbon neighbourhoods. A VALUE-ADD STRATEGY IN THE HEART OF LISBON This property should be viewed not simply as an income-producing building, but as a value-add investment opportunity with a clearly identifiable repositioning timeline. The potential investment strategy can be summarised as: Acquisition → existing rental income → progressive vacancy → project definition → refurbishment / repositioning → asset value enhancement. The combination of its corner location, existing refurbishment works, traditional Lisbon character, upcoming vacancy of two levels and potential for further development makes this an attractive proposition for an investor with a medium- to long-term value-creation strategy. PROPERTY HIGHLIGHTS - Three-storey corner building - Mixed-use configuration — retail and residential - External façades already refurbished - Improvements carried out to several internal infrastructure systems - Ground floor with three street-facing openings - 2nd floor with exposure to two streets - Ground floor expected to become vacant at the end of 2026 - 2nd floor expected to become vacant after 31 March 2027 - 1st floor subject to a lifetime tenancy - Potential for refurbishment and asset repositioning - Potential for an additional floor, subject to planning feasibility and approvals - Existing rental income during the transition period ENERGY PERFORMANCE CERTIFICATES - Ground Floor / Retail: Class C — valid until 02/02/2032 - 1st Floor: Class E — valid until 19/03/2034 - 2nd Floor: Class D — valid until 14/11/2027 - Exempt from a Use Licence (Licença de Utilização) as the building predate

Details

Construction Year1904

Gross Area m²88

ElevatorNo

Private Gross Area m²250

Living Area m²250

GarageNo

Total Lot Size m²88

Price m²2 800 €

Floor- -

Location

Attributes

Air Conditioning

Mortgage Simulator

Zome Lisboa Restelo

Lisboa, Lisboa

AMI 4662

João Vasconcelos

+351 923 262 *** See number

Call to national mobile network

Building in Estrela, Lisboa

Building in Estrela with multimedia