Alfama — 2-bed short-let apartment with castle views
23 Rua de São Tomé, Alfama, 1100-563 Lisbon
i About this property
Turn-key two-bedroom apartment on Rua de São Tomé, in the heart of Alfama with a direct view of São Jorge Castle from the living room. Renovated in 2022 keeping the original azulejo panels and pine ceilings; new plumbing, electrics and ducted air conditioning throughout. Registered AL (short-let) licence included in the sale — 2025 occupancy averaged 84% at €142/night. Sold furnished and equipped, ready to operate from day one. Energy certificate C.
📍 About the area — Lisbon, Portugal
Lisbon — avg €/m² 5400, yield 5.4%, score 86/100.
Lisbon and Porto see strong growth; Algarve is short-let driven. Golden visa changes have shifted demand inland.