Renovated Building, Alfama

Joint sale of three vacant buildings, covering a total of 1866 sqm (gross construction area), above ground, in Alfama, Lisbon. Two of the buildings have a residential project approved by Lisbon City Council, comprising 13 partially renovated apartments. The third building is sold for renovation and covers 540 sqm above ground. Possibility of converting the three buildings in a project for tourist apartments in a highly sought-after area.These buildings are typical of the past and history of Alfama and are strongly associated with fado music’s history, where a new project could keep one of the shops that, in times gone by, was one of the most important fado establishments of Alfama. Sale of the properties includes transfer of the shares of the company holding the trademark of the fado establishment.Located near shops, services and leisure areas. 2-minute walking distance from the Fado Museum, 7 minutes from São Vicente de Fora Church, Santa Apolónia metro station and Instituto Universitário ISPA. Within a 20-minute driving distance from Lisbon Airport.