Bairro Alto

Referred to simply as ‘O Bairro’ by Lisboetas, Bairro Alto needs no further explanation. A lively cultural hub of Lisbon, its plethora of art galleries, trendy bars and restaurants means its evolved into the place to see and be seen, where locals meet to catch up with friends over dinner or coffee, raise a toast to the end of another workday, party into the early hours, peruse the boutique shops and tea houses, or pause to admire the views.

One of Lisbon’s oldest neighbourhoods, Bairro Alto was the natural stomping ground for intellectuals, journalists and writers in the early 20th century, when the abundance of taverns and street workers meant it garnered a somewhat seedy reputation. Today, Bairro Alto is home to a myriad of residents, from intellectuals to artists, designers to young professionals.  A docile, bohemian bairro of small grocery shops, art schools and boutiques by day, after dark the streets course with an effervescent energy. Streets Rua da Atalaia, Rua do Diário de Noticias and Rua da Barroca are particularly famous for their numerous bars and restaurants, offering everything from music and dancing to fashion and gastronomy. It’s usually thanks to double-glazing that residents and revellers coexist peacefully.

Bairro Alto is a small district bordered to the West by Rua do Século, to the East by Rua da Misericórdia and is set on the slopes that unfold down to the River Tagus, perched above Cais do Sodre and Baixa. With excellent public transport routes, it offers easy access to most of the city’s main neighbourhoods and city centre.

The experts say

Bairro Alto is a neighbourhood that is hard to generalise - prices can jump significantly from street to street depending on the state of the building, noise levels and views. The best investments tend to be apartments located on the top level of a building. Average rates for luxury properties start at €6,500 and fetch up to €11,000 per square metre depending on external criteria and the state of the building. Overall, there are still some great properties to be found here with a good prognosis for decent returns, but they won’t jump out at you and will require a dedicated search and a little bit of luck.

The property market in Bairro Alto

Bairro Alto’s reputation for nightlife and bohemian vibes makes it a favourite for young property buyers.  By day, streams of tourists wander the iconic sloping streets generating a strong ROI potential for short term rentals in the areas, as well as lucrative commercial real estate. By night, the exuberant party atmosphere means an early night in may elude you. In addition, many of the properties here are eligible for the Lisbon Golden Visa programme which grants European investors residency and paves the way to cititzenship.

Three insiders tips for Bairro Alto

GET - Solar do Vinho do Porto is a mecca for Port wine- lovers, where you can try numerous types of Port wine from €2 a glass before buying bottles to take home
DO - dine at 100 Maneiras: a tried-and-tested favourite of our Lisbon experts, this intimate restaurant serves a mouth-watering tasting menu
SEE - the sunset from the roof terrace of Barrio Alto Hotel

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