T2 | Alfama | With Local Accommodation License

Apartment T2 with Local Accommodation License in the Heart of Alfama – Lisbon

Discover this unique investment opportunity in Lisbon: a 2-bedroom apartment, fully furnished and equipped, with a Local Accommodation (AL) license, located in the emblematic Largo de São Miguel in Alfama – one of the most authentic, historic, and sought-after areas of the city.

For only €323,000, acquire a “turnkey” property, already operated by a company specialized in local accommodation with a proven track record of profitability. A true real estate gem in Alfama, ready to generate income from day one.

Main features:

• 4th floor of a charming 1937 building;
• Welcoming entrance hall;
• Spacious bathroom with washing machine and quality finishes
• Living room with integrated kitchen, equipped with all utensils and AL legal requirements (including fire extinguisher);
• 2 comfortable bedrooms: one with a double bed and wardrobe; another with a single bed and wardrobe;
• Cheerful and cozy decoration, designed to provide a pleasant stay for demanding tourists;
• Low condominium fee: only €10.

Investment advantages:

• Prime location in Alfama, next to the Church of São Miguel;
• Typical Lisbon neighborhood, full of tradition, history, and charm, highly sought after by both national and international travelers;
• Property already operating as local accommodation, with no need for additional investment;
• Immediate profitability with professional management already in place;
• Excellent future appreciation in one of Lisbon's most touristic neighborhoods.

Why invest in Alfama?

Alfama is the heart of old Lisbon, famous for its picturesque alleys, fado, viewpoints, and unique atmosphere. It is one of the most visited areas of the capital, ensuring constant demand for quality tourist accommodation. Buying an apartment in Alfama means investing in heritage, profitability, and long-term appreciation.