Intendente - Lisbon
Discover this two-bedroom apartment for sale in the trendy neighbourhood of Intendente. Nearby to Baixa, Mouraria and the Tagus River, it boasts a unique industrial aesthetic, a communal garden amongst much more.
This two-bedroom apartment is situated in a brand new development which encompasses 51 apartments. Within a fully-renovated building on the second floor, it spans a total area of 81.78 sqm. This includes a 16.93 sqm private balcony, two bathrooms (one en suite) and an open-plan kitchen, living and dining area. The building itself boasts high-end influences with an industrial aesthetic, making it unique for the area. In terms of extra facilities, there is also a communal garden and a bicycle room.
The apartment for sale in Lisbon offers a unique investment opportunity. It is located just a short walk from Intendente's metro station, ten minutes to Baixa and Mouraria, and 15 minutes to the Tagus River.
However, prices here are up to 40% lower than in the neighbouring areas of Baixa and Avenida da Liberdade, making it ideal for property investment or relocation. Should the future owners decided to rent it out long term, they can expect to receive high yields of up to 4.6%.
The area of Intendente was considered worn down and unsightly before its renovation in 2012. However today the neighbourhood is rapidly evolving and prices are constantly on the rise. Therefore this purchase is likely to gain capital appreciation in the coming years. Lastly, with a price of over €500,000, this apartment is perfect for any investor wanting to access the Golden Visa Programme, enabling the future owners to access immediately the Schengen area and to apply for the Portuguese passport after five years.
Gentrification is well underway in Intendente. Just north of Mouraria, the area has become popular amongst younger crowds, creatives and artists as part of a lively rebirth. Soon it will be home to Lisbon's first Soho House as well as the second LX Factory, a trendy shopping, dining and business hub. Upon visiting you can expect to see a plethora of trendy independent shops and café with a thriving art and culture scene.
Pop-up dinners, concerts, vintage artisan markets, art exhibitions and djs spinning on roof-terraces - it’s all happening in Intendente. Along with the neighbouring barrios of Mouraria and Anjos, Intendente is having a serious moment, fast evolving into one of Lisbon’s coolest neighbourhoods. A significant turning point came when Lisbon’s mayor ...