Property description
1-Bedroom + 1 Apartment in Graça, Lisbon
Located in Graça, Lisbon, on Rua Damasceno Monteiro, this 1-bedroom + 1 apartment offers 66 m² of living space and represents an excellent opportunity for those looking to buy property in one of Lisbon’s most sought-after neighbourhoods.
One of the main highlights of this 1-bedroom + 1 apartment in Graça is its Alojamento Local (AL) licence, making it particularly attractive to investors looking for a property with proven income potential in an established and highly desirable area of Lisbon.
Apartment Layout
- Living and dining room
- Fully equipped kitchen
- 1 Bedroom
- 1 Additional room
- 1 Full bathroom
Key Features
- Lift
- Air conditioning
- Central heating
- Alarm system
- Solar panels
- Alojamento Local (AL) licence — current monthly income between €1,800 and €2,500
Investment Opportunity in Graça
Graça stands out for its proximity to Lisbon’s historic centre and its authentic neighbourhood atmosphere. Traditional streets, local shops and its proximity to areas such as Alfama and Mouraria contribute to the strong demand in this part of the city, both from residents and visitors.
The Alojamento Local (AL) licence makes this apartment particularly interesting for those looking to invest in Lisbon real estate and generate rental income.
In addition to its investment potential, the apartment also offers features that make it suitable as a permanent residence. It is an option worth considering for those looking to buy a home in Lisbon in a central, historic neighbourhood with a strong sense of identity.
Living in Graça
Rua Damasceno Monteiro benefits from a privileged location, with quick access to some of Lisbon’s main attractions:
- Jardim da Cerca da Graça – approximately 2 minutes’ walk
- Senhora do Monte Viewpoint – approximately 4 minutes’ walk
- Graça Viewpoint / Sophia de Mello Breyner Andresen – approximately 5 minutes’ walk
- Largo da Graça – approximately 5 minutes’ walk
- Graça Convent – approximately 5 minutes’ walk
- Mouraria – approximately 8 minutes’ walk
- Feira da Ladra Flea Market – approximately 15 minutes’ walk
- Alfama – approximately 15 minutes’ walk
- Tagus River – approximately 10 minutes by car
The area is also well served by public transport, including the iconic Tram 28, providing convenient connections to Baixa, Chiado and other central areas of Lisbon.
Combining the authenticity of one of Lisbon’s most sought-after historic neighbourhoods with the income potential provided by its Alojamento Local licence, this 1-bedroom + 1 apartment in Graça is a versatile opportunity, suitable both as an investment and as a permanent residence.
Contact us for further information or to schedule a private viewing, subject to prior appointment.
Property Details
- Nature Apartment
- State Good condition
- Typology T1+1
- District Lisboa
- County Lisboa
- Parish São Vicente
- Reference Match_01.356