Alfama is comfortably situated in the old part of Lisbon, on the hillside between the fortress Castelo de São Jorge and the Tejo River. This picturesque medieval area resisted a strong earthquake in 1755, so its architecture preserved the Moorish elegant style. The intricate ancient alleys of Alfama are full of restaurants, cafes and clubs that are open until midnight and where you can taste some fried sardines while singing along some fado. The area is popular among tourists who want to feel the true soul of Lisbon, something you will surely find in a place like Alfama.
Apartment for total renovation in Alfama
Price per m²: €4108
Property Transfer Tax: €4142
Stamp Duty Tax: €1512
Energy Certificate: F
Apartment is situated next to the National Pantheon and Church of São Vicente de Fora. It is a very popular touristic area and attracts foreign investements.
The apartment is on the 3rd floor and consists of a bedroom, a bathroom, a living room, a kitchen and a storage. The living room balcony is overlooking the river and the city of Lisbon.
The apartment needs general renovation, but the kitchen and the bathroom are in good condition.
Perfect opportunity for investment!