Touristic Investment | Lisbon Historic Center | 4%–6% Yield

Lisboa - Lisboa
Price on request
Development
For sale
Under construction
CB02-0399_Pedras Negras
energyCertificate
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Property description

Pedras Negras House is located on one of Lisbon’s most emblematic streets, Rua das Pedras Negras, nestled between the Sé Cathedral and Baixa. The name, literally “Black Stones,” refers to the basalt blocks that once paved the way to the city’s old port, giving the street its unique historic character.

This development blends historic charm with modern comfort, preserving the traditional architectural identity of the area while integrating contemporary high-quality finishes.

Scheduled for completion in Q3 2027, the building comprises 20 apartments across 4 floors, ranging from studios (T0) to spacious three-bedroom apartments (T3), designed for maximum natural light, generous space, and modern living standards.

Upon opening, with an active touristic license, the property will be operated as a turnkey short-term rental, with professional management included, offering investors a simplified operational model and predictable income.

Key Features:
• Prime location, steps from Praça do Comércio
• Fully refurbished historic building
• 20 units, from studios (T0) to T3
• Exclusive product with limited availability
• Full turnkey professional management

Estimated Yield: 4%–6%, with fixed or variable income options.

An ideal opportunity for investors seeking exposure to a mature urban tourism market, capital preservation, and immediate income, in a scarce and high-quality asset even before operations commence.

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Associated Fractions

Reference Type Rooms House area Gross area Price
CB02-0399_G1 Apartment 0 67,8 m² 67,8 m² €565,000
CB02-0399_3.2 Apartment 1 68,8 m² 69,2 m² €680,000
CB02-0399_4.1 Apartment 2 125,4 m² 127,8 m² €1,170,000
CB02-0399_4.2 Apartment 3 151,5 m² 153,9 m² €1,480,000

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Property
details

Air conditioning

Thermal cut window frames

High Security Door

Number of floors
4
Equipped kitchen

Views
City view

Location

Rua das Pedras Negras

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