Intendente - Largo 57

16 June

A brand new development gathers 51 apartments in the trendy neighbourhood of Intendente has just appeared on the Lisbon market.

Located in a beautiful building in renovation, these properties varying from studio to 2-bedroom apartments and benefit from high-end finishes throughout such as wooden floors and marble countertops. One of the highlights of the properties is that they benefit from access to a beautiful communal garden as well as private gardens or terraces. As opposed to a typical car garage, the building boasts a bicycle storage area and every apartment will come with a free blue or pink bicycle.

Just north of Mouraria, Intendente was know to be worn down and unsightly place before its renovation in 2012. Today the whole neighbourhood is evolving and prices are constantly on the rise. The old buildings are now home to trendy cafés or boutique and the square has gradually become an unmissable place in the capital. Located a mere 15 minutes' walk from Lisbon's prestigious Avenida da Liberdade, these modern industrial style apartments boast an ideal location and a very high rental yield. This makes them unique investment opportunities.

Another advantage of these propeties for international investors is that they are eligable for the Portuguese Golden Visa programme. This grants residency to those who invest €500,000 or more into Portuguese real estate. After five, years, it is then possible to apply for a EU passport and become a Portuguese citizen.

To get further information about this superb development with great potential for capital gain, click here.

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