Mouraria Vila Olarias

1 - 2 Bedrooms
310000 - 525000

View available properties

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It's an interesting time to invest in historic Mouraria as this area is undergoing an exciting period of regeneration with many older buildings now carefully renovated and new eateries popping up throughout the neighbourhood.

The birthplace of fado, Mouraria is one of the oldest and most authentic of Lisbon’s bairros and these delivered apartments are set on one of this charismatic neighbourhood’s quaint, narrow streets. From here, two beautiful viewpoints, Miradouro da Graça and Miradouro da Senhora do Monte, are within walking distance and shops, restaurants and a metro station (Martim Moniz) are less than five minutes away on foot.

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The properties

These one and two-bedroom apartments are located within a 17th-century building that was completely renovated in 2019. Respecting the history and character of the building, the original facade, including the original round windows, has been restored to its former glory whilst the interiors have been finished in an elegant, contemporary style with wood flooring and a light palette of colours.

The properties feature open-plan living and dining rooms with fully equipped kitchens, double bedrooms with fitted wardrobes and air conditioning. Some apartments have outdoor living space in the form of patios or balconies and there is also a communal patio too.

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Available properties.

Unit Type Bedrooms Interior sqm Outside space Floorplan Total price Interested
C Apartment 1 45 Yes 310000
F Apartment 1 42 Yes 360000
G Apartment 2 64 Yes View / Download 525000
K Apartment 2 53 Yes 420000
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Investment potential

These apartments are located in an area that is currently undergoing an exciting wave of regeneration so there is great potential for capital appreciation as this neighbourhood further develops. In fact, these apartments are part of a larger project which was completed in 2019 and saw nine properties in the immediate vicinity beautifully renovated and a new building constructed, injecting a new lease of life into this historic neighbourhood.

Thanks to their charming, central and well-connected location these apartments are perfect for those seeking a pied-à-terre as well as those looking to generate rental income. One of these apartments is sold with a tenant in situ, allowing them to benefit from a guaranteed 4% yield for the next two years.

Apartments priced at €500,000 or above are also eligible for the Portuguese Golden Visa programme and those who wish to apply for it can do so immediately. 


“These delivered apartments are for those seeking a pied-à-terre or a property that they can rent out on a long-term basis. ”

Carlota Pelikan, Destination Adviser for Portugal

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Interested in Vila Olarias?

Please fill out the form below and one of our property experts will get in contact.

Marta Salgado
Marta Salgado

Portugal Adviser

Carlota Pelikan
Carlota Pelikan

Lisbon Adviser

Niamh Erbek
Niamh Erbek

Head Senior Adviser