A fully renovated boutique building with only 6 apartments for sale in Alcântara, a charming neighbourhood only 10-min away from Lisbon’s bustling centre.
Ranging between 1 & 2 bedroom apartments with 60-145 sqm of interior areas, all units have been thoughtfully designed presenting high-end finishes and industrial style features.
Steps away from the Tagus River and 25th April bridge, those who live here can also benefit from Alcântara’s beautiful marina, several green and leisure areas, nice restaurants and creative reference spots such as LX Factory and Village Underground.
Strategically located in up-and-coming area with a mix of old industrial with hip and cool, these fully renovated apartments in Alcântara offer the perfect opportunity for those looking for strong capital appreciation and great rentals yields.
Why this is a good opportunity?
Just 15-min away from Cais Sodré by transit, this booming area is attracting a lot of investment.
A new private hospital is nearly completed and a massive business centre will be built right next to LX Factory. Expected to become one of the hottest neighbourhoods in Lisbon, a subway station has also been approved and should be up-and-running in a few years.
Known for its street art, originally-decorated restaurants & bars, designer boutiques and co-working spaces, this area offers much lower prices than the historical centre, meaning there is plenty of room for capital gains.
What is the investment potential?
Alcântara is strategically located between Belém and Santos. With prime properties going up to €8,500/sqm in Belém and €7,500/sqm in Santos, Alcântara is priced between €5,000/sqm and €6,500/sqm. This project in particular offers an average of €5,900/sqm. Right next to LX Factory and the future business centre of Alcântara, these apartments are a great opportunity for strong capital gains, with rental yields up to 6%.
Alcântara is a popular riverside district located in the southwestern corner of Lisbon, in between Belém and Santos. Dynamic and hip, this neighbourhood is typically known for the LX Factory, a creative district occupied by originally-decorated restaurants and bars, design boutiques, co-working spaces and famous music venues. Another reference point is the Village Underground, a creative coworking community with unique architectural structures made from shipping containers and double-decker buses.
Central and well connected, the district is also home to the Santo Amaro docks, various nightclubs, museums and art spaces. A gathering place for locals, artists and tourists, Alcântara is a great place to live and visit. Relatively close to the river, this area offers plenty of green spaces and leisure areas for those seeking great views and relaxation.