Avenida da Liberdade

The area surrounding ​​Avenida de Liberdade is one of the most privileged in Lisbon, characterized by award-wining architecture, baroque palaces and intricately patterned pavements. The Champs-Elysees of Lisbon, its majestic 90-metre-wide boulevard divides 10 lanes of traffic with beautiful pedestrianized walkways of tall trees, fountains and statues. It is here, behind art-nouveau facades, that the likes of Cartier, Chanel and Louis Vuitton have their homes. The cluster of leading luxury brands draws a high influx of tourists, and during the day, the streets bustle with well-dressed shoppers and a chic international set. After dark, the lack of bars and restaurants transforms it into a haven of hush. The world’s 35th priciest avenue, Avenida de Liberdade stretches down a gentle slope that ends with the buzzing commerce hub of Baixa, and the impressive 25 hectare Eduardo VII Park, one of Lisbon’s great gardens.

In terms of transport, Avenida de Liberdade could not be better served. There are three Lisbon Metro stations along the avenue and endless bus and tram routes, although you’d be forgiven for wanting to walk just about everywhere.

The experts say

Prime location combined with an internationally desirable and recognisable address, verdant parks and excellent transport links means property prices on Avenida de Liberdade are understandably high, with the average price for a recently refurbished apartment ranging between €9,000 to €11,500 per square metre. While high-end residential options have traditionally been few and far between, the recent launch of a number of developments, among them Liberdade 2 and Liberdade 12, have provided new possibilities for investment in a much sought-after market. Properties along Avenida de Liberdade have strong long-term investment potential, as the area is only set to increase in desirability as demand outweighs supply.

The property market in Avenida da Liberdade

While Avenida da Liberdade has long been a distinguished neighbourhood, it was predominantly a commercial area, home to leading hotels, luxury brands and offices and only a handful of upper-class families. The past three years have witnessed an increased interest in residential properties as a result of new restoration projects, many of which are eligible for the Portuguese Golden Visa programme, giving momentum to the trajectory.

Three insiders tips for Avenida da Liberdade

GET - your hands on some designer gear at Fashion Clinic, a mecca of luxury labels on Lisbon’s chicest street
DO - visit the late-1800s art-nouveau mansion of business tycoon and avid art collector António Medeiros e Almeida, now an evocative museum which houses his private collections.
SEE - the killer view from the rooftop bar Sky Bar, one of the best views over the city.

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