Bairro Alto is a lively cultural hub and one of Lisbon’s oldest neighbourhoods with trendy bars, restaurants, shops and art galleries. It is a place to see and be seen, where locals meet to catch up with friends and visitors pause to admire the views. Bairro Alto has been the home for intellectuals, journalists and writers since the early 20th century. With excellent public transport routes, especially its famous lifts, Bairro Alto is a small district set on the slopes that unfold down to the Tagus River and Baixa. With very few apartments available, our properties for sale in Bairro Alto offer the perfect opportunity for clients wishing to relocate for a change in lifestyle or as a property investment.
The bohemian Bairro Alto, home to a myriad of residents, from intellectuals to artists, designers to young professionals, offers eclectic opportunities of apartments for sale ready to enjoy now or rent out immediately. The beautiful Luz Soriano has a contemporary interior design with a light colour scheme and wood flooring across 53 sqm on the first floor. Alternatively, with one to three-bedrooms and areas between 88 sqm and 180 sqm, Palácio Ficalho has a selection of beautiful apartments with old tiles, ancient stones, high ceilings and large windows on the 2nd floor. The superb duplexes on the 3rd and 4th floors offer outstanding views over the city and river.
Properties for sale in Bairro Alto perform well on the long-term market with an estimated monthly income of €1,150 to €1,200. This translates into an estimated annual yield of up to 4%. Offering an average of €6,202 per sqm, prices for Bairro Alto apartments can be up to 40% lower than in the neighbouring Chiado and Príncipe Real making them a good investment opportunity with strong capital gains and stable long-term rentals yields in one of the most central and dynamic neighbourhoods of Lisbon. Bairro Alto’s reputation for nightlife and the bohemian vibes make 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. In addition, many of the properties here are eligible for the Portuguese Golden Visa Programme which grants investors residency and paves the way to citizenship.
Bairro Alto is a neighbourhood that is hard to generalise – prices can jump significantly from street to street depending on the specific location, condition of the building and views. The best investments tend to be apartments located on the upper floors. Average rates for luxury properties start at €6,500 and fetch up to €11,000 per sqm. Overall, there are still some excellent properties to be found here with a great opportunity for high returns.
Some of the best bars and restaurants in Lisbon are located in Bairro Alto. 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. 100 Maneiras is known as an intimate restaurant which serves a mouth-watering tasting menu. Use the famous lifts to reach Bairro Alto including, Elevador da Glória built in 1885, linking the neighbourhood directly with Praça dos Restauradores and Elevador da Bica rising from Rua Loreto at the foot of Bairro Alto. Otherwise, use Elevador Santa Justa with its exit next to the Convento do Carmo. For Port wine lovers, visit the Solar do Vinho do Porto.