For buyers who want central Lisbon without paying the premium attached to the city's most established international neighbourhoods, Barão 65 presents a compelling alternative.
Positioned close to Arroios, Alameda and Penha de França, this private residential development places you within an authentic, predominantly residential part of Lisbon, with the city firmly within reach. It is an area attracting buyers looking beyond Lisbon's traditional prime districts for better value, everyday convenience and longer-term potential.
Barão 65 creates something unexpected behind its street frontage: a private residential development centred around landscaped gardens and a swimming pool. The development comprises just 20 homes, with seven apartments and 13 villas, creating a more intimate atmosphere than a conventional city apartment building.
The remaining residences include two-bedroom T2 apartments with internal areas ranging from 82.15 sqm to 97.79 sqm. Depending on the residence, private exterior space ranges from compact balconies to a substantial 53.64 sqm, offering buyers a choice between an efficient city apartment and a home with considerably more outdoor living space.
The interiors feature a warm, understated contemporary palette. Kitchens include Silestone worktops, glazed tile backsplashes, integrated LED lighting and built-in TEKA appliances, including a ceramic cooktop, multifunction oven, extractor, dishwasher, washing machine, dryer and combined fridge-freezer.
All residences are delivered fully furnished, with air conditioning providing both heating and cooling. Double-glazed aluminium windows offer thermal and acoustic insulation, while fitted wardrobes, video intercom, fibre-optic connectivity and security entrance doors complete the specification. The main apartment building also benefits from an elevator.
Landscaped communal gardens and an infinity-edge swimming pool provide a private outdoor setting, complemented by elevated views across Lisbon.
Daily life is equally practical. According to the development information, the Metro is approximately 10 minutes away on foot, a bus stop is around one minute away, and a park and gym are approximately five minutes away. Lisbon Airport is approximately 12 minutes by car.
**Construction and property information**
The development holds a construction licence, with works in their final stages and completion expected by the end of October 2026. The anticipated energy rating is B, subject to certification following completion.
Estimated condominium fees are approximately €150 per month, although the final condominium regulations and charges have not yet been established.
There is no private parking or individual storage included. Monthly parking subscriptions may be available at nearby car parks, including Casa Joana.
**Rental investment and Alojamento Local (AL)**
Barão 65 may appeal to both owner-occupiers and investors seeking rental income in central Lisbon.
According to the developer, units C, D and E currently have AL licences held by Spark Capital. Units C and D have been reserved, while unit E is among the remaining residences.
Unit G does not currently hold an AL licence, although the developer has indicated that an application may be possible.
Importantly, the purchase of an apartment does not automatically include the transfer of an existing AL licence. Any transfer to a new owner requires approval from the relevant municipal authority and cannot be guaranteed.
For buyers wishing to operate a property as short-term accommodation, Spark Capital can offer a rental management arrangement, subject to the necessary licensing and contractual agreements. Both fixed-yield and flexible-yield rental arrangements have been presented by the developer.
The developer has provided the following indicative rental figures:
- Long-term rental: €1,800 to €2,000 per month.
- Short-term rental: approximately 75% average occupancy, w
