Rare Palace Floor with Panoramic River Views in Prime Chiado
T8 or 2 x T3 | 380 m² Gross | Private Garage | 4m Ceilings | Lift Access
In one of Lisbon’s most coveted addresses, this extraordinary residence occupies the full second floor of a former 19th-century palace, discreetly positioned in a peaceful cul-de-sac next to a charming church courtyard in Chiado.
A hidden gem in the historic heart of the city, the property offers grand proportions, including ceilings reaching four meters, a total gross area of 380 m², and magnificent southern exposure with far-reaching views across the Tagus River. Natural light floods the space throughout the day, creating a luminous atmosphere ideal for a bespoke restoration.
With immense versatility, the layout allows for the creation of up to eight bedrooms or the seamless transformation into two independent 3-bedroom units—ideal for multigenerational living or as a high-end investment. The inclusion of a private double garage box adds a rare and valuable convenience in this part of the city.
Combining historical elegance with vast renovation potential, this is a unique opportunity to reimagine a palatial space into a luxurious contemporary home or dual-residence project.
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Key Features
• Location: Chiado, Lisbon
• Type: Apartment
• Size: 380 m² Gross Area
• Floor: Entire 2nd Floor (with Lift)
• Views: Tagus River, Church Courtyard, City Street
• Bedrooms: Flexible – Up to 8, or Two 3-Bedroom Units
• Garage: Private Enclosed Double Garage
• Price: €4,940,000
This is a once-in-a-generation opportunity to acquire a prestigious residence in one of Lisbon’s most refined and tranquil settings.
Up to 8 Bedrooms | 380 m² Gross Area | Private Double Garage | 4m Ceilings | Elevator Access
Tucked away in one of Lisbon’s most prestigious and tranquil addresses, this exceptional property spans the entire second floor of a 19th-century palace, located on a peaceful cul-de-sac beside a charming church courtyard in Chiado.
An extraordinary opportunity in the heart of Lisbon’s historic center, this residence boasts grand proportions, soaring 4-meter ceilings, and a total gross area of 380 m². Bathed in natural light throughout the day, the apartment enjoys dramatic southern exposure with uninterrupted, panoramic views of the Tagus River.
A rare find, the layout offers remarkable flexibility: retain the original palatial scale with up to eight bedrooms, or divide the space into two self-contained 3-bedroom residences—ideal for multigenerational living or premium rental investment. A secure, private double garage adds significant value in this highly sought-after area.
Whether you envision a bespoke renovation into a luxurious contemporary residence or a dual-apartment project, this property presents limitless potential while preserving architectural elegance. A once-in-a-generation offering in Lisbon’s refined Chiado district.
Key Highlights
Location: Chiado, Lisbon – Prime Historic District
Type: Full-Floor Apartment in Renovated Palace
Size: 380 m² Gross Internal Area
Floor: Entire 2nd Floor (with Elevator)
Views: Panoramic Tagus River, Church Courtyard, Quiet City Street
Configuration: Up to 8 Bedrooms or 2 x T3 Units
Ceiling Height: 4 meters
Garage: Private Enclosed Double Garage
Price: €4,940,000
Renovation Upside: Estimated Market Value Post-Renovation ~ €17,000/m²
Tax Incentive: IMT Exemption (7.5%) Available Through Rehabilitation Scheme
Additional Notes:
The included images are from the identical apartment directly above, showcasing the potential layout and finishes post-renovation.
This property offers a unique combination of scale, location, and investment potential—ideal for discerning buyers seeking both elegance and opportunity in one of Lisbon’s most iconic neighborhoods.