Discover this spacious one-bedroom apartment for sale in Intendente, the historic heart of Lisbon. Situated in a fully renovated building, this property offers comfort and privacy in one of Lisbon’s most exciting and creative districts.
Spanning 68 square metres on the fifth floor, the apartment boasts a bedroom with a built-in wardrobe, a fully equipped kitchen and an open-plan living room that opens up onto a private terrace of 48 square metres. This property also has access to a large communal garden and a bicycle room where you can find your own free bike.
The apartment carefully balances elegant, modern finishes with an industrial influence, making it a truly unique residence.
Largo 57 is the first of its kind in Intendente, and while other developments are being built in the near future, Largo 57 will be the first finished development in the area, with the delivery date set as January 2020. Within 5 minutes from the Intendente metro station, 10 minutes walking distance to Baixa & Mouraria and 15 minutes to the Tagus River, this property for sale is in an ideal location, making it short or long-term rentals. If the future owner does decide to rent out the apartment, they can expect to achieve rental yields of up to 6%. Competitively priced at €5,700 per square metre, in an area where prices can fetch up to €7,000 per square metre, this property has great potential for capital appreciation in the upcoming years.
Unlike nearby Mouraria, Intendente is popular with younger crowds, creatives and artists and has a real atmosphere of opportunity and forward-thinking. Intendente Square, renowned for its famous tile shop Viúva Lamego, has recently been revitalised. In the near future, Intendente is expected to become the home of Lisbon’s first Soho House and the second LX Factory, a creative and business hub. Considered one of Lisbon’s coolest and fastest-growing neighbourhoods, Intendente is where culture, art and music meet. Prices here are up to 40% lower than in the neighbouring areas of Baixa and Avenida da Liberdade, which makes Intendente ideal for property investment or relocation.