With impressive views and wide tree-lined streets that run between Jardim da Estrela and Santos, Lapa is one of Lisbon’s loveliest neighbourhoods with a super selection of apartments for sale. To live in Lapa, home to embassies, palaces, fountains and museums, is to surround yourself with Lisbon’s historical high society. The area stands out for its selection of renowned restaurants, independent stores, alfresco cafés, museums and cultural institutions. It remains a peaceful neighbourhood and whilst protected from the bustle of the city centre, it is only a short walk to neighbouring Santos which is fast emerging as one of the city’s newest hipster hotspots. With an office in central Lisbon, we are well placed to find the very best properties for sale in Lapa.
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Lapa has an array of high-end apartments for sale with different architectural styles. The modern Sant’ana a Lapa apartment spans 116 sqm on the second floor with two bedrooms and an open-plan living and dining area which is bathed in natural light by its large windows. For a more classic architectural style, perhaps consider Rua do Quelhas with elegant interior designs, three bedrooms and a spacious living area and dining room. Alternatively, Lapa 24 has been developed in a renovated traditional Portuguese building, with three bedrooms and boho-chic interior design.
Being home to Lisbon’s aristocratic elite has always provided the area with strong international demand for high-end properties. Perfect for families, this friendly neighbourhood has plenty of good schools, universities and many interesting lifestyle opportunities. To use as your primary residence or as a property investment, the average price for a high-specification, recently refurbished apartment is between €5,500 per sqm to €8,000 per sqm. The rental demand for high-end properties that would appeal to international clients is high with short-term and long-term rental yields of up to 5.5%. In addition, all properties for sale in Lapa are eligible to the Non-Habitual Residents Programme and to the Portuguese Golden Visa programme allowing investors to apply for Portuguese residency for themselves and qualifying family members.
Lapa is an elegant and very traditional, peaceful and sophisticated neighbourhood. It has some excellent international schools and a limited number of tourists means it is considerably more desirable for domestic buyers over neighbouring Chiado or Bairro Alto. Lapa’s way of life shows little sign of changing, and as such, you can expect long-term property value security. It remains one of the city’s most in-demand neighbourhoods for both locals and international buyers in search of peace, refinement and high-quality real estate. Apartments for sale in Lapa are a fantastic lifestyle investment for families wishing to relocate to Lisbon with essential amenities, cultural and gastronomic experiences all nearby. It is set to perform well in the long-term rental market.
Since Lapa is very close to Estrela, the Jardim da Estrela park is definitely one of the must-visits. The imposing Basilica da Estrela is a famous Catholic temple that stands out for its beauty and marks the meeting point for many groups, right in front of Jardim da Estrela. Lunch at La Boulangerie, a charming French-style patisserie that echoes the relaxed atmosphere of a Parisian café and be sure to finish with the wonderful Italian gelato Nannarella. In addition, this area is close to other top gastronomic recommendations such as the Australian-Fusion, Downunder; the vegetarian, Dede’s; and the awarded-winning, LOCO. For a good view of the Tagus River, enjoy a sunset from, Le Chat, a beautiful rooftop bar housed within a glass rectangle.