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3 Beds
3 Baths
152 sqft

$1,657,707

Rua das Pedras Negras BAIXA (Madalena), Lisboa 11, 1100-403

Price per sqft$10,905.97
Property size152 sqft
Property typeCondominium

Overview

Active

Listed Apr 17, 2026

Updated 40h ago

Touristic Investment | Lisbon Historic Center | 4%–6% Yield 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. #ref:CB02-0399_4.2

$11,029/mo

Est. mortgage payment based on a $1,657,707 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
3S5ZD8
Available since
April 17, 2026

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Basement
No

 

Courtesy of João Silva

Based on information from DASH - Coldwell Banker (CB) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:56 AM UTC, 10/11/2026

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