Alfama, Lisbon, Portugal

3 Bedroom Existing

Property reference 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."

Advisers' opinion

Features

  • Floor: 0;1
  • Kitchen Included
  • Parking Qty: 1
  • Terrace Sqm: 95

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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