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Alfama - Lisbon

Studio - 3

€340,000 - €1.49m

Located in Alfama, one of Lisbon’s oldest and most charismatic neighbourhoods, a pair of striking Pomabline buildings two minutes’ walk from the Tagus river is being transformed into a collection of 13 elegant and exceptionally spacious apartments, some of which offer breathtaking views over the Tagus river. 

Just set back from the riverside, the properties enjoy a calm, private setting steeped in history as they are flanked by Arco do Rosário on one side and the main entrance is accessed via an intimate cobbled square called Beco da Judiaria. From this superb spot, all amenities, Sé cathedral and the beautiful Miradouro de Santa Luzia are within walking distance.

Key features

Period
Renovation
Public transport
Balcony
Terrace
River views

The property

Respecting the history of the location and complementing the local architecture, the original facades of the buildings, complete with tile work and ornate metal balconies. Inside, the properties will be reimagined in an elegant contemporary style using premium materials including hardwoods, marble, Lioz stone and granite. Ranging from 61 sqm studios to 216 sqm three-bedroom apartments, these properties are exceptionally spacious and benefit from high ceilings. Ensuring that the properties are bathed in light throughout the day, the apartments have curved borders, large windows and large archways with panelled glass folding doors. 

Investment potential

The larger apartments are a fantastic lifestyle investment for families or retired couples whilst the studios and one-bedroom apartments are well-suited for those seeking a pied-à-terre in an authentic neighbourhood. Renovated properties in Alfama are in limited supply and as a result property here can command up to €9,000 per sqm. With an average of €6,300 per sqm, exquisite finishes and a superb location near the river, these apartments are very well-priced for this neighbourhood.

Location

The labyrinthine streets of Alfama, Lisbon's oldest neighbourhood, wind from São Jorge Castle down to the Tagus river. This authentic and charming neighbourhood offers panoramic views over the city and is home to some of the capital’s most iconic landmarks including the cathedral, just called Sé by locals, the baroque Panteão Nacional and the Santa Luzia and Portas do Sol viewpoints. 

Alfama

As quintessentially ‘Lisboeta’ as they come, authentic Alfama will have you charmed in seconds. A picturesque labyrinth of narrow paths winding down the hill, intriguing aromas infuse the air and charming vignettes of daily life abound.  Stroll the streets to catch lamenting rifts of Fado, Portugal’s national folk music, which was born here in A...

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