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3+2 Bedroom Apartment with 136m² Terrace and Annex, Bairro Alto Lisbon – Active AL License
Where old Lisbon charm meets contemporary comfort. This elegant 3+2 bedroom apartment with a 136m² private terrace, 28m² independent annex and active short-term rental license (AL) is a rare find in the heart of Bairro Alto, one of Lisbon’s most iconic and vibrant neighborhoods.
Set on a quiet street in the historic center, the property combines the atmosphere of traditional Lisbon with the comfort of a fully renovated home. High ceilings, generous windows and a fluid layout create a bright and inviting space, ideal both for everyday living and for entertaining.
The main living and dining room of around 49m² is the social heart of the apartment, offering distinct areas to relax, dine and host friends. The fully fitted kitchen, equipped with SMEG appliances, opens directly onto the terrace, turning al fresco meals and summer gatherings into a natural extension of your daily life.
136m² Private Terrace: Your Urban Oasis
The expansive 136m² terrace and garden is a true luxury in central Lisbon. Facing south/west, it enjoys excellent light throughout the day and offers multiple ambiences: lounge area, dining space, garden, play area or outdoor gym. Whether you are hosting sunset cocktails with friends or enjoying a quiet morning coffee, this outdoor haven delivers a rare sense of space and privacy in the city.
Flexible Layout with 3+2 Bedrooms
The private wing of the apartment includes 3 comfortable bedrooms plus 2 flexible rooms, ideal as a home office, walk-in closet, guest room, studio or media room. This versatility allows the property to adapt easily to different lifestyles – from a family home in the city to a pied-à-terre or a high-end income-generating asset.
There are also 2 well-appointed full bathrooms, designed for everyday comfort and convenience.
28m² Independent Annex with Multiple Uses
Complementing the main apartment, the 28m² independent annex – with bathroom and ready for kitchen installation – adds an extra layer of flexibility and value. It can function as a private office, creative studio, guest suite or even as a separate short-term rental unit, subject to local regulations. This additional space opens up attractive possibilities for both lifestyle and investment.
Prime Bairro Alto Location
From this address you can walk to some of Lisbon’s most desirable spots: the São Pedro de Alcântara Viewpoint, Chiado, Príncipe Real, Rossio and Cais do Sodré. Trendy restaurants, boutique shops, cafés, art galleries, theaters and museums are all within easy reach, while the property itself is tucked away on a calmer street, offering a welcome sense of retreat.
- Restauradores metro station – approximately 7 minutes on foot
- Rossio train station (Sintra line) – approximately 9 minutes on foot
- Tram, buses and taxis – just a short walk away
Exclusive Investment with Active AL License
With its active short-term rental license (AL), generous outdoor areas and highly sought-after location, this property stands out as a compelling investment opportunity. It combines lifestyle, privacy and strong rental potential in one of Lisbon’s most internationally recognized neighborhoods.
If you are looking for a distinctive home or a premium investment in Lisbon, this 3+2 bedroom apartment with large terrace and annex in Bairro Alto is a must-see. Schedule your private viewing today.
Property Features
- Furnished
- Equipped kitchen
- Bathrooms (en-suite): 1
- Walk-in wardrobe
- Fitted wardrobes
- Air conditioning pre installation
- Laminated floor
- Double glazing
- Dishwashing machine
- Washing machine
- Guest cottage
- Garden
- Built year: 1952
- Renovation year: 2025
- Energetic certification: D
- Solar orientation: East, West
- Floors: 1
- Storage / utility room
- Terrace
- Quintal
- Logradouro
- Garden
- Proximity: Shopping, Restaurants, City, Hospital, Pharmacy, Public Transport, Schools, Public Swimming Pools
- Central location
- Quiet Location
- Views: Village view, Urbanization view, Garden view
- Rental licence
