Located in the heart of Alfama, one of the most iconic neighbourhoods in the historic centre of Lisbon, this fully renovated 5 floor 220 m2 building, presents a unique investment opportunity in the city. Each floor of this property represents an independent housing unit. The fractions consist of a living room/bedroom with equipped kitchenette and bathroom. The building to which they belong maintains its charming historic design and the interiors are modern and simple, ensuring comfort for its residents. Due to its unique location, it will be an attractive investment to rent as a studio or student residence. The demand for accommodation by university students, both national and foreign, has been growing making this building ideal for this market. Alfama is a small Lisbon neighbourhood, in the parish of Santa Maria Maior, rich in history and monuments. It is visited daily by thousands of tourists and is intimately associated with the fado culture, which is heard in the numerous local restaurants and taverns. In addition to the famous fado houses, the neighbourhood is also known for the Santos Populares festivities, which liven up the streets every year. The proximity of this building to the Santa Apolónia train station and the subway, just 5 minutes away on foot, allows a quick connection to various parts of the city and to Lisbon airport. Come and visit this unique opportunity!