This penthouse duplex was renovated by FAW Partners and designed in collaboration with Portuguese-Brazilian designer Marina Werfel (WER Studios). The apartment was transformed into a warm, expressive home with real architectural character. The original plan was opened up to create a more generous flow between the kitchen, dining area and dramatic double-height living room, giving the apartment a sense of volume that is rare in central Lisbon.

The kitchen is an open-plan space with custom-built wooden shelving, and all bathrooms have been updated to modern standards. A double-height living room extends the space upwards. Above, the loft level overlooks the main living space and adds a more playful dimension to the home, working as a cinema room, guest space, studio or quiet retreat.

Original Portuguese details, reclaimed materials, bespoke timber joinery and vintage pieces sourced across Europe create an interior with a depth and individuality rarely found in newly renovated homes in central Lisbon. A winter garden extends the interior year-round, with views toward São Jorge Castle.

The property’s position in the Pena neighbourhood places it in the heart of one of central Lisbon’s most creative districts, with proximity to gardens, independent cafés, restaurants and creative businesses. The area is seeing significant new investment – Soho House is currently under construction on Largo do Intendente, one street away, and the former Hospital do Desterro is being transformed into a major mixed-use destination by the group behind LX Factory.

Nearby, A Vida Portuguesa and Depozito are among the neighbourhood’s well-known shopping spots. Up the hill from the apartment sits Campo Matires da Patria, filled with kiosks, greenery and wildlife. Jardim do Torel, Avenida da Liberdade and the historic centre are all within easy walking distance, while Intendente metro is around five minutes away.

For buyers seeking flexibility, the property holds a valid AL license and has a documented rental history. On long-stay contracts, it has achieved €5,250 per month, representing an approximate yield of 6%. On short-stay platforms including Airbnb and Plum Guide it has reached approximately €700 per night, with consistent occupancy driven by the layout, the double-height spaces, and the central location. The property can be acquired furnished, allowing for smooth rental continuity, or moving in immediately.