Former residence of the Portuguese royal family, now owned by the D. Manuel II Foundation and represented by His Royal Highness the Duke of Bragança, it has undergone a major renovation to create prestigious apartments. Nestled on top of a hill, located in a quiet and residential street of Chiado, this historic building was built in the 18th century. In the 1990s and after the tragic fire of Armazéns do Chiado, this building was completely restored by the Portuguese architect Álvaro Siza Vieira, world reference in architecture and winner of the Pritzker Prize. This project combines a magnificent 19th century facade with a modern design and respect the architectural elements. From studios to 2-room apartments for sale, each apartment has been carefully thought out, and designed with beautiful white stone bathrooms, elegant pine floors and elegant kitchens equipped with high-end appliances. A unique feature of the project and its interiors: the gaiola pombalina, an antiseismic wooden structure created after the earthquake of Lisbon in 1755 to protect the buildings, which gives it a unique charm and authenticity. Why is this opportunity so unique? The historic architecture of this building, its quiet and privileged location, its attractive price make this project an opportunity to seize quickly. A 5 minute walk from the Tagus, in a private street of Chiado, residents can enjoy the tranquility and unique atmosphere of this prestigious area. What is the investment potential? Chiado is Lisbon’s most sought-after and most influential neighborhood. Playing a central role in the life and economy of the city, the demand in this sector is very high. Renovated apartments in this area typically cost between EUR 9,000 / m² and EUR 12,000 / m². These properties have a lower average of 8.424 EUR / m², which augurs a capital gain, and significant yields of up to 6%. Why Chiado? The Chiado district combines all the assets of the Lisbon capital: chic, culture, fashion and lively spirit. This amazing neighborhood has a beautiful urban architecture, where the famous mosaic facades adorn the many traditional and historic buildings. Its star-rated restaurants, renowned cafes, museums and theaters, designer boutiques, handicraft workshops and international brands make this an exhilarating and diverse area from Bairro Alto Hill to Baixa. on the Tagus.