Spacious 4 bedroom Apartment for sale in Benfica, Lisbon City, Central Portugal
If you are looking for space, versatility and location, this duplex is a rare opportunity on the Lisbon property market. With a total area of 222m2, well above the average, this property stands out for its T4+1 layout over two floors, making it ideal for large families, multi-family living or an investment project (room-by-room rental, co-living or dual income).
Property Features
• Type: T4+1 (7 rooms)
• Spread over 2 floors (2nd and 3rd floors)
• Located in an urban building under horizontal property regime
• Building with only 2 in...
If you are looking for space, versatility and location, this duplex is a rare opportunity on the Lisbon property market. With a total area of 222m2, well above the average, this property stands out for its T4+1 layout over two floors, making it ideal for large families, multi-family living or an investment project (room-by-room rental, co-living or dual income).
Property Features
• Type: T4+1 (7 rooms)
• Spread over 2 floors (2nd and 3rd floors)
• Located in an urban building under horizontal property regime
• Building with only 2 independent units
• Independent entrance directly from the public street
• Solid construction and generous room sizes throughout
The property comprises two fully self-contained and independent apartments, offering multiple possibilities:
• Lower apartment: currently a T2, with the potential to be converted into a T3, as the living room (22m2) allows for the creation of an additional bedroom.
• Upper apartment: a well-laid-out and functional T2. It can be used as one large family home or as two independent units, ideal for rental purposes.
Comfort and Functionality :
• Excellent sun exposure and natural light
• Spacious kitchen with ample storage
• Large enclosed balcony (marquise)
• Modern electrical installation
• Gas system renewed approximately 3 years ago
• Property refurbished around 20 years ago
• High potential for further refurbishment and value appreciation
Located in Benfica / Sao Domingos de Benfica, a central and well-served area:
• Supermarket next door
• Metro, trains and buses just minutes away
• Close to Pingo Doce, Lidl, Auchan and local shops
• Easy access to services, schools and main road links
Although the building does not have a lift, the strategic location, exceptional size and versatility of the property more than compensate for this detail.
This duplex combines size, location and potential, whether for owner occupation or investment. Properties with these characteristics are increasingly rare.
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Where is this property?
This Apartment is located in Lisbon City in Portugal
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Buying a Property in Portugal
1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.