Iconic heritage Lisbon apartment
Portugal, Lisbon, Príncipe Real
- EUR 125,000
- ⅛ share
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EUR 815,000Full listing price
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2Beds
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2.5Baths
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116 m²House size
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116 m²Land size
Overview
A light filled, beautifully restored Lisbon heritage apartment, situated on the third and last floor of the building with views of the historic Príncipe Real garden and river from the balcony. The apartment is ideally situated in the sought-after Principe Real neighbourhood, bustling with trendy restaurants, concept stores, art galleries and antique shops.
The historic facade of the three-story building is covered with the special Portuguese “azulejo” ceramic tiles. The apartment has two spacious en-suite bedrooms, an open plan living room with kitchen and guest bathroom. It is very quiet, with both sides facing onto a residential street. One bedroom looks onto the Jardim do Principe Real and the other onto the Rua de Sao Marcel, the same street where the luxury boutique hotel Palacio Principe Real recently opened.
The home has been beautifully decorated by a leading local designer who worked closely with the Lazazu team on the project.
Owners can discover Chiado, Lisbon’s shopping and theatre hub, and the bohemian Bairro Alto on foot from the apartment. Lisbon’ metro – the Rato station is just a few minutes’ walk from the apartment.
This is a preview listing and the home will be purchased if we receive sufficient interest in it. If we do not buy this home, a similar home will be found for the buyers who expressed interest in it. After the purchase, the property will undergo improvements to meet the Lazazu standard, including re-furnishing.
How to become a co-owner
- You can purchase between ⅛ to ½ of the property. A ⅛ share gives you 45 nights of exclusive use of your second home per year. This is real estate ownership, not timeshare.
- Once we have sufficient interest, we will purchase the vacation home, set up a company for the home and allocate the shares to the various owners. If the home is purchased by someone else in the interim, we will help you find a similar property.
- We refresh, equip, and beautifully furnish your co-owned property together with professional interior designers.
- Subsequently, you can schedule your stays and enjoy your fully managed second home exclusively in proportion to your ownership and share the running costs with the other fractional owners. You can also rent out some of your nights and generate rental income to offset your expenses.
- We manage all aspects of your holiday home, serving as your single point of contact. All you need to do is arrive and enjoy your beautiful home.
- You can sell your shares at the market price in any way you choose – we will support you as needed. If the property appreciates in value, you will benefit from this.
- Are you interested in co-owning this luxury holiday home or does it meet many but not all of your criteria? Please contact us, we will find the perfect property for you and do our best to match you with other like-minded buyers.
Amenities
- Balcony
- Top floor
- View of Pricipe Real garden
- View of river
Location
We find qualified owners, manage the company formation, close the purchase and redecorate the home.
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Purchase Price
Full home: EUR 815,000
EUR 101,875 -
Home Upgrade
Inspection, interior design & furnishings
EUR 3,698 -
Standard Purchase Costs
Transfer tax, land registry and notary fees
EUR 7,896 -
Our Fee
Buyer aggregation, legal, financing & upgrades
EUR 11,716
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Total ⅛ Ownership
45 nights per year
EUR 125,000