In the very authentic, dynamic and charming area of Alfama, Escolas Gerais is a brand new project offering three two-bedroom apartments for sale of 100 sqm each, one per floor. This triple corner building with lift presents a rare opportunity in this particular neighbourhood where refurbished developments are scarce and highly sought-after.
The light-filled apartments will all benefit from high-quality finishes and large windows connecting the living room to outside spaces of 13 to 20 sqm. South-east facing, the terraces will offer beautiful open views onto Largo do Salvador, a very typical Lisbon square & roof tops. The 3rd floor will even enjoy stunning river views. Ideally located right in the centre and close to the viewpoint of Portas do Sol, the main entry of the building is yet situated in a quiet, authentic and not touristy square, and will benefit from a charming façade covered in Viúva Lamego traditional Portuguese tiles.
5 min from Santa Apolonia train station and 1 min walk away from the tram 28, the new project is part of the most authentic district of Lisbon where the property value is prone to increase. Prices in the area have already increased by 35% in the past 2 years but still have not reached their full maturity, which ensures huge capital gain.
Located on a hill, Alfama offers great views of the river Tagus which is at a walking distance. This very touristic area represents a perfect opportunity for short term let, especially on the route of the 28 tram. Although you can easily find very lively streets full of tourists, you can also keep away from those areas and find several local spots. With its attractive price per sqm compared to its neighbouring districts and its guaranteed capital gain, Alfama and particularly Escolas Gerais stands as the ideal option for any international buyers looking to invest in an authentic district of Lisbon.