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Belem
Belem | Lisbon

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JLL Residential
JLL Residential
Presented At
€1,595,000
Bedrooms
3
Bathrooms
4
Living
2,659
SQM
High Ceiling
Office
Stone Countertops
Washer Dryer
Fitness Center / Gym
Bar
Kitchen island
Basement
Terrace
Parking
Balcony
Gate
Water View
City View
River View
Duplex
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Belem, Lisbon, Portugal. , Belem , Lisbon

3+2 bedroom duplex apartment Restelo, Belém, Lisboa

3+2-bedroom duplex apartment with 274 sqm of gross private area and 35 sqm of gross dependent area, with river views, one parking space in the courtyard and one storage room in the basement, located in a charming building fully rehabilitated in 2017, situated in Restelo, Belém, Lisboa. The preservation of original materials or their faithful replica whenever this was not possible stands out, as well as maintaining the property's initial character. The duplex apartment comprises, on the lower floor, an entrance hall, office, living room, dining room, fully equipped modern kitchen and guest powder room. This floor also features a balcony shared by the dining room and kitchen. Wooden stairs provide access to the upper floor, where a central living/television room distributes to each side: a very bright suite with a large glazed window overlooking the Tagus River, two walk-in closets and a bathroom with shower and bathtub; two bedrooms with closets and a shared balcony; and a complete bathroom. The existing layout can be adapted, with the possibility, among others, of creating an additional bedroom and bathroom. The property has three floors above ground level and a basement, with this apartment located on the 2nd floor. Access is via a beautiful period staircase in wood and wrought iron, carefully restored. Located in Restelo, Belém, in an area with extensive commercial and service offerings, very close to Algés Market, 10 minutes by car from several national historical monuments such as Jerónimos Monastery, Belém Cultural Center, Padrão dos Descobrimentos, Belém Tower and Ajuda National Palace. It is 8 minutes from Externato Santa Maria de Belém and Park International School, 5 minutes from Externato São José do Restelo and São Francisco Xavier Hospital, and 20 minutes from Humberto Delgado Airport. It offers easy access to CRIL and A5 highways. Energy Rating: C #ref:94315

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Belem
Belem | Lisbon

3D Street View Tour

Map showing Belem, Lisbon, Portugal.

Property Location

Belem, Lisbon, Portugal., Belem Lisbon

Local Weather & Climate

Belem, Lisbon

Current Conditions Updated recently
70 °F
Few clouds
Feels Like 70°F
Humidity 62%
Wind 16 mph
Visibility 6.2 mi
Sunrise 6:32 AM
Sunset 6:52 PM
5-Day Forecast
Wed 25 Mar
Clouds
High 70°
Low 62°
Thu 26 Mar
Clouds
High 69°
Low 52°
Fri 27 Mar
Clear
High 67°
Low 51°
Sat 28 Mar
Clear
High 67°
Low 51°
Sun 29 Mar
Clear
High 68°
Low 51°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Belem?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Belem. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $159,500,000 20% down ($31,900,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$13,706
$13,706/day
Your home may appreciate while you sleep
$96,204/week $416,885/mo $5,002,616/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$87.8M
vs
OWN 📈 +$124.5M
$124.5M Potential Equity
vs $87.8M lost to rent over 10 years
$31.9M Down Payment Growth
3.9x
10yr
$124.5M
8.1x
20yr
$257.8M
12.6x
30yr
$402.8M
Wealth Comparison
×959
Equivalent to 959 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $402.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $187.8M +18%
Market $217.2M +36%
Optimistic $250.7M +57%
$124.5M est. equity
20 Years
Conservative $221.2M +39%
Market $295.8M +85%
Optimistic $393.9M +147%
$257.8M est. equity
30 Years
Conservative $260.5M +63%
Market $402.8M +153%
Optimistic $619.0M +288%
$402.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Belem, Lisbon, Portugal features 3 bedrooms with 2,659 square feet of living space.
This property offers 2,659 square feet of living space.
This property is listed at $159,500,000, which equals $59985 per square foot.
Based on current market indicators, Belem shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Belem, Lisbon. The property is situated in an established neighborhood with convenient access to local amenities and services.
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