Misericórdia, Lisbon 1200-108

Unique investment opportunity in the iconic Praa das Flores, LisbonLocated in one of Lisbons most charming and sought-after squares, this building for total renovation offers enormous potential in the historical heart of the city. Comprising 12 independent units (including a highly visible shopfront), the property spans three floors with a total gross private area of 390m.Its current layout allows for flexible development be it residential, commercial, or a premium tourist project such as a boutique hotel.Exceptional potentialWith a solid structure and ample development possibilities, this building is ideal for transforming into charming modern apartments, upscale retail, or a refined boutique hotel to meet Lisbons high-end tourism demand.Prime locationPraa das Flores is a true gem in the capital elegant, vibrant, and full of character. Nestled between Prncipe Real and Bairro Alto, it attracts both locals and international residents for its quality of life, cosmopolitan flair, and centrality. The property is a stones throw from Lisbons most desirable neighbourhoods and cultural landmarks.