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Commercial property - Baixa, Lisboa, for sale

Sale price
530 000 €

Ref: LJV01/893
  • 121,8 m2
  • 109,62 m2
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Store with profitability, 5.66% yield in downtown Lisbon.

Store with profitability, 5.66% yield, 109 m2 useful area for services/commerce.
It has no windows to the street at ground level, as it is a storefront with only windows to the street.
Composed of 4 rooms (3 smaller and 1 very large), a small kitchen and a bathroom.
Well located store, in a busy area, it is located on Rua do Crucifixo next to the Baixa-Chiado subway.
As it has 5 large windows it has plenty of natural light.
This property has a lot of visibility for those who pass by on the street, which makes it an excellent opportunity to make your business known.

Exempt from having a Use License because it is built before 1951.

Baixa Pombalina is one of the most touristic areas of the city with several monuments and points of interest such as Rossio, Rua Augusta, Praça do Comércio or the Santa Justa Elevator. Lisbon continues to be a fashionable area, with a lot of demand not only from investors, tourists but also from families.

It was the year 1755, after the overwhelming earthquake that destroyed a large part of the Portuguese capital, the Marquis of Pombal, Prime Minister of King D. José I, rolled up his sleeves and raised an entire city again. This is how Baixa de Lisboa as we currently know it, also known as Baixa Pombalina, came about.

It now covers an area of about 255 hectares, extending from Terreiro do Paço, next to the Tagus, to Marquês de Pombal Square, going up Avenida da Liberdade and integrating into the entire territory covered by the current parish of Santa Maria Maior.

Characterized by the design of straight and perpendicular streets with Rua Augusta as the central axis, downtown Lisbon is dominated by the Pombaline style, which replaces the medieval and organic urban fabric with a grid plan, with wide roads and pavements — a plan implemented by Manuel da Maia, Eugénio dos Santos and Carlos Mardel.

In the buildings, the architectural similarity between them is visible, with the ground floor serving as a commercial establishment and the upper floors intended for housing. The monumentality of the buildings is also another characteristic of downtown Lisbon, to translate the birth of a new social order, which appreciates and values the merchant and financial class.

As the most central and commercial neighbourhood in the city, downtown Lisbon is also the one with the most entertainment options, teeming with cultural, gastronomic and even convivial alternatives. Here you will find some of the most emblematic streets, with the facades of their buildings covered with magnificent tiles that still seduce us today. So let us go down the avenue to the river.

Right next to Rossio, Praça da Figueira impresses with its classical buildings and the statue of João I. In the heart of downtown Lisbon, Praça da Figueira shared with Rossio the Hospital de Todos os Santos, and after the earthquake that shook this part of the city, the main market of the city was created there. which would later be demolished but which for a long time served as Lisbon's supplier of meat and vegetables.

With the passage of time, the buildings that surround the square gave way to hotels, shops and cafes, the dominant commerce in this typical Lisbon square.

The concentration of commerce here is very high, with large clothing stores, including top international brands. The commerce that takes place here is also very much based on pastry shops, restaurants and cafes.

Property Features

  • Air conditioning pre installation
  • Proximity: Hospital, Pharmacy, Public Transport, Restaurants, City, Shopping
  • Built year: 1937
  • Views: City view
  • Central location
  • Energetic certification: B-
  • Solar orientation: South, West

Location

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