Commercial property for sale in R. Do Telhal 59, 1150-150 Lisboa, Portugal

£1,370,271 (€1,600,000)
Commercial property for sale
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Property description

This spacious commercial space is located by Avenida da Liberdade, and rented to a luxurious and well-known wine restaurant - the Sommelier - considered one of the best in Portugal and recommended by several renowned tourist and gastronomic guides. The lease contract has a duration of 11 years and it generates a rental yearly yield of 6%.

The property has 2464 sq ft (229m2) and its located on the ground floor in the Liberdade Studios building which kept the classic and unique Portuguese façade.

The property is eligible for the Golden Visa of 3 independent families, which grants investors and their family members the right to live, work and study in Portugal and permits free movement in Europe’s Schengen Area. Opportunities to become a permanent resident or citizen is possible, provided that the qualifying investment is kept for at least five years.

The asking price of the property price includes all the legal costs of the Golden Visa process.

Avenida da Liberdade is the most iconic and elegant boulevard of Lisbon. Built with the style of the Champs-Elysees in Paris it's undoubtedly the premium and luxury center of Lisbon.

This avenue carries over two hundred years of fame and history and it maintains all its charm and glamour, with fountains and café tables shaded by trees as well as a cobblestone pavement decorated with abstract patterns.

It runs north for a mile from Restauradores Square to Marquês de Pombal Square and is more than 300 feet (90m) wide.

Amongst the kiosk cafés, glamourous hotels, and fancy restaurants you’ll also find some of the world’s most fashionable luxury brands such as Louis Vuitton, Prada, Gucci, D&G, Hugo Boss, Cartier, Emporio Armani, Michael Kors, Rolex and other haute couture names.

The assured yield, asset appreciation, and currency appreciation make this property a very compelling investment option in Lisbon City Centre.

Don’t miss this unique investment opportunity with a 6% yield rate for 11 years in the most exquisite area of Europe’s trendiest capital.


about lisbon:

Cnn considers “ Lisbon the coolest Capital in Europe” .

For the New York Times “ in Lisbon the faded old Europe charm remains, but with a stream of exciting openings and fresh inspiration drawn from across the Atlantic, Portugal’s Capital seems primed for a new golden era ”.

The Financial Times highlights the reasons “ why all the world is going to Lisbon ”

In the past years, Lisbon has been making the headlines of some of the most reputable media in the world and attracting international celebrities that settle in the Portuguese capital, like Hollywood actors Scarlett Johansson, Michael Fassbender, Alicia Vikander, or the world’s most famous designer Phillipe Starck.

Lisbon is a historical city full of stories to tell, where the sun shines 300 days a year and with warm summers and mild winters. Portugal is the 3rd safest country in the world and in Lisbon, you feel secure wandering around day or night. Lisbon is full of authenticity where old customs and ancient history intermix with cultural entertainment and hi-tech innovation.

The city is something of a rarity among European capitals – a laid-back city that exudes a decidedly old-fashioned charm, with clattering trams, café-lined boulevards, renowned cuisine, and grandiose monuments to its famous sailors that crossed the oceans at the time of the discoveries.

Lisbon is ageless, friendly, and famous for its hospitality and the family-like way it welcomes visitors.

Tax benefits granted by programs like the Non-Habitual Residents, or residence schemes, like the Golden Visa (that allows to obtaining Portuguese citizenship in 5 years and freedom of movement throughout the entire Schengen Zone through investment in real estate) also sparked the interest in the Portuguese capital causing an exponential increase in the demand by international investors.

This singular combination of factors and the growing international demand from buyers looking to relocate to the city and investors seeking compelling yields make Lisbon one of the most desirable cities in the world.

Property info

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