Compared to some of the other more historic neighbourhoods, Marvila is a new, cool hub for locals and residents interested in urban art, entrepreneurship, innovation and craft beer! Set away from the touristy neighbourhoods in Lisbon, Marvila has plenty to offer, including some really innovative properties for sale. Some years ago it was a forgotten area, associated with old sugar factories. Now these big warehouse spaces have been turned into co-working areas, art galleries, restaurants, artisanal breweries and apartments. Without relying on tourism to reinvent itself and move forward, creativity is what is taking Marvila through a rapid transformation. We have handpicked a collection of the most exciting properties for sale in Marvila, and our property experts will be happy to share more information and support you through the purchase process.
This previously industrial area is now home to the most dynamic and edgy neighbourhood in Lisbon, ideal for young, creative and entrepreneurial buyers. Prateato is a collection of apartments for sale in Marvila ranging from studios to five bedroom apartments in a cutting-edge design. The properties have been built in a renovated warehouse with large windows, double-height ceilings and sloping roofs where many of the apartments benefit from exterior space in the form of a private garden or terrace, parking and storage. The modern Jungle Lofts apartments have high-end finishes and amazing views, featuring soft, minimalist lines, a fantastic open-plan kitchen and living areas that seamlessly blend into one another.
Often compared to London’s Shoreditch before it exploded onto the scene or to New York’s Brooklyn, Marvila promises to be Lisbon’s next big thing, with numerous private and public investments reshaping and redefining this neighbourhood. It is a flourishing area that will be Lisbon’s next big tech hub, and apartments for sale in Marvila offer yields of up to 4% if rented out on a medium or long-term basis. Besides, all apartments are eligible for the Portuguese Golden Visa Programme and investors can take advantage of tax benefits through the Non-Habitual Residents Programme.
With its entrepreneurial, industrial feel, Marvila and Beato is the place for young couples, creatives and entrepreneurs who will benefit from the area’s intellectual and creative vibe. As this district is set to change dramatically over the next 5-10 years, there is strong potential for capital appreciation. As a comparison, Santos, a similar up-and-coming area in Lisbon, saw prices rise from €6,000 per sqm in 2013 to €11,000 per sqm in 2019 following a period of regeneration. Plans are in motion, led by Italian architect Renzo Piano, to shift the shipping containers and revitalise the waterfront with a 9-hectare park. Train stations are connecting Marvila to the rest of the city as well as fast-lane buses which take locals into the central Cais do Sodre and Time Out Market in 20 minutes.
Besides the spacious art galleries, the area is known as Lisbon’s Beer District. Home to artisanal breweries such as Dois Corvos, Lince and Musa, one of the trendiest breweries where you can try many different beers while enjoying live music. Atelier Henrique Sá Pessoa is the creative studio of the 2 Michelin-star-chef, Henrique Sá Pessoa. It offers tailor-made dining experiences to pre-booked groups. Try Lisbon’s most mysterious restaurant, Aquele Lugar Que Não Existe where it is forbidden to take pictures – you will definitely have an eccentric dining experience! Or, feast on Argentinian steak and dance the tango at the vibrant, El Bulo Social Club. As an Urban Art neighbourhood, stroll around the area to be delighted by so much talent and shop Lisbon’s vintage design scene on Saturday afternoons at Cantinho do Vintage.