Alfama, Lisbon, Portugal
3 Bedroom Existing
Santa Helena duplex 8 - AALB7561
€2,200,000
- 3 bedrooms
- 3 bathrooms
- 174 sq m · €12,644/sq m
Set within a fully renovated sixteenth-century palace in the heart of Alfama, this elegant duplex apartment forms part of an exclusive luxury condominium that blends historic character with modern comfort. The home offers three bedrooms and a bright open living room with exceptional panoramic views. Two generous terraces of 60 sqm and 20 sqm extend the living space outdoors, creating a sunny setting where contemporary amenities meet the timeless atmosphere of one of Lisbon’s most historic residences.
This duplex apartment is accessed through a peaceful shared patio and garden within the condominium. All three bedrooms overlook the patio, providing privacy and calm. The lower floor also includes two bathrooms, one of which is en-suite to the master bedroom. Upstairs, the bright open living room enjoys exceptional views over the river, Alfama’s hills, and surrounding monuments. A 60 sqm terrace extends the living area outdoors, while a second terrace features a small heated swimming pool. This floor is complemented by a laundry room and additional bathroom.
- Parking space in one of Lisbon’s oldest bairros
- Bright living room with panoramic views
- 16th century palace renovated with all comfort
- Peaceful condominium with sauna and gym
- Large terraces in a charming location
"This rare duplex stands out as a secure and highly desirable investment, combining exceptional views, generous outdoor space, and a historical location."
Features
- Floors: 0 / 1
- Kitchen included
- Parking space
- 95 m² terrace
Investment potential
Offering modern amenities within a former palace in Lisbon’s oldest neighborhood, this property blends history, charm, and authenticity. Its unique panoramic view and generous outdoor areas make it truly one of a kind. Despite its super central location, the apartment remains remarkably quiet, as if living inside a painting of Lisbon. Whether as a family home or a pied-à-terre, it represents a secure investment in a distinctive and highly sought-after setting.
About the location
Located in the heart of Alfama and its charming, colorful streets, the apartment offers an authentic experience of the real Lisbon. From the living room’s panoramic view, you can admire the river as well as iconic landmarks including the Miradouro das Portas do Sol, São Vicente de Fora Church, and the Pantheon. The famous tram 28 and the Feira da Ladra flea market are just steps away, while Santa Apolónia metro and train station are a ten-minute walk downhill.
Local insights
- Perfect for exploring on foot
- Live fado music in the evening
- Bordered by the Tagus river
- Feira da Ladra flea market on Tuesdays and Saturdays
- Home to famous landmarks and viewpoints
Buying guides
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Capifornia: how Costa da Caparica is rewriting its own story
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The Lisbon Real Estate Market 2023
Serviced apartments: the key to unlocking short-term lets in Lisbon
Capifornia: how Costa da Caparica is rewriting its own story
How a communist-era beach town became one of Lisbon's most compelling addresses - and the market has not yet caught up with the story.
View guideLisbon is the best city in Europe for families. But why?
More than a destination to spend a fortnight, Portugal is increasingly presenting itself as fantastic destination for international families looking to relocate - discover why.
View guideHow Lisbon's New 16E Tram Line is Reshaping the Marvila Property Market
When a city announces €160 million of new transport infrastructure through an emerging neighbourhood already absorbing €3 billion in regeneration investment, the question for serious buyers is not whether to look; it is whether they are already too late.
View guideThe Lisbon Real Estate Market 2023
Lisbon's real estate market remains a premier destination for long-term investment, underpinned by a surging tech sector, robust tourism, and a resilient economy.
View guideServiced apartments: the key to unlocking short-term lets in Lisbon
Lisbon is one of the most popular tourist destinations in Europe, yet tapping into its lucrative short-term rental market has become increasingly difficult for investors. So how can you have a secondary home in Lisbon and still benefit from the short-term rental yields? Enter serviced apartments: an alternative way for savvy investors to have their cake (or pastel de nata) and eat it too.
View guide