£1,208,271

(€664/sq. ft)

€1,450,000

Property for sale
Rua Bernardim Ribeiro, Arroios, Portugal

    • 2,185 sq. ft

Added on 30/10/2026

About this property

    Exclusive Investment In Lisbon: Historic Building (Former Residence Of Fernando Pessoa)

    We present a unique investment opportunity in the heart of Lisbon. Located at 17 Rua Bernardim Ribeiro, this building is for sale as a whole and has a gross private area of 283 m2, intelligently and exclusively distributed across 4 units (one per floor).

    An Invaluable Cultural Legacy
    The building’s rich historical heritage is a major distinguishing feature and source of prestige. Its façade bears a commemorative plaque proudly stating: “Fernando Pessoa lived here (first floor), between 1917 and 1919.” This connection to one of the greatest figures in world literature gives the property romantic charm and outstanding marketing potential, making it ideal for attracting a premium clientele that values the city’s cultural heritage.

    Renovation Potential and Architecture
    The building’s interior is in a transitional state, offering a blank canvas for a complete renovation project. The images reveal details of traditional Lisbon architecture, including ceilings with decorative mouldings, wooden plank flooring and classic shutters that retain the character of the period. The interiors require modernisation, including updates to the kitchens and bathrooms, allowing for the creation of luxury boutique apartments or modern residential spaces with a vintage touch.

    Prime Location and Stunning Views
    Situated in an upmarket, historic and central area of Lisbon, the building benefits from a rich and vibrant setting. Views: Aerial images reveal privileged panoramic views over Lisbon’s traditional rooftops, stretching to the waters of the Tagus River and the iconic 25 de Abril Bridge. Services and Transport: Its location on Rua Bernardim Ribeiro places the property just steps from a wide range of essential services, traditional shops, cultural attractions and excellent transport options. Its central location offers a cosmopolitan lifestyle, with restaurants, cafés and green spaces such as the Campo de Santana area easily accessible.

    Investment Highlights
    Area and Layout: 283 m2 of gross private area, with the privacy of just one unit per floor. Historical Value: Property with an official literary heritage plaque (Fernando Pessoa’s residence).

    Versatility
    An excellent opportunity to resell renovated units (Golden Visa/premium market), offer luxury rentals or convert the building into an exclusive literary hostel. Natural Light and Views: Excellent sun exposure and river views from the upper floors.

    Turn this piece of history into a successful property project. Arrange a viewing and discover the potential to write the next chapter for this landmark building.

    One of the units in the building is subject to a lifetime tenancy.

    We share with all agencies with A valid ami licence on A 50% basis

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