Marvila - Lisbon
€300,000 - €1.05m
Created by the Pritzker prize-winning architect Renzo Piano who has designed some of the world’s most iconic structures such as the Shard, the Pompidou and the New York Times skyscraper, these apartments for sale in Lisbon combine striking modern architecture with a superb riverside location in Marvila. With more than €3.11bn of regeneration investment reshaping Marvila over the next five years and priced around 40% lower than those in the city centre, it is easy to see why Marvila is one of Lisbon’s hottest property investment areas for 2021
This collection of studio to three-bedroom apartments for sale in Marvila is part of an exciting mixed-use development built in the style of an urban village with its own amenities, including shops, restaurants and cafes, and the vast Parque Ribeirinho Oriente right on the doorstep. Embracing modern architecture trends and taking design inspiration from the sails of the boats that glide across the Tagus river, glass is used heavily throughout the project to make the most out of Lisbon’s 300 days of sunshine and take full advantage of the view. All apartments have exterior space in the form of gardens, balconies or terrace and most of them also boast stunning views over the Tagus river. Overseen by Renzo Piano, the interiors of the apartments will be finished to a very high standard with Ernesto Meda kitchens equipped with SMEG appliances and Duravit bathrooms with Florim ceramic tiles.
Apartments also benefit from air conditioning, video intercom, solar-powered central heating, storage and at least one parking space. There is also an impressive on-site concierge service, dubbed the Prata Service Lounge. In addition to traditional services such as managing deliveries and booking restaurants or activities, the Prata Service Lounge also has a meeting room and work tables with PCs.
Likened to London’s Shoreditch before it exploded on to the scene, Marvila is undergoing an exciting wave of regeneration with billions of euros of investment, both public and private, injecting a new lease of life into this former industrial area. One of the most exciting projects in the area is the Hub Criativo do Beato start-up incubator which upon completion will span 100,000 sqm, dwarfing Station F in Paris which is currently the largest start-up hub in the world. This means that property for sale in Marvila is set for strong capital appreciation over the coming years and investors can expect strong rental yields as more and more professionals head to this emerging hub of innovation.
All of these Lisbon apartments for sale are eligible for the Portuguese Golden Visa programme and investors can apply for their residency cards straight away, this is especially important given that residential properties for sale in Lisbon will no longer be eligible for the Portuguese Golden Visa programme from January 1st 2022.
Nestled between downtown Lisbon and the newly built Parque das Nações area, Marvila hugs the Tagus river and is just a short drive from the historic heart of the capital. With trendy and alternative galleries, restaurants, cafes and new co-working spaces, this is a vibrant area that will soon become the new home for young creatives, business owners, couples, artists and entrepreneurs.
The jewel of Lisbon’s East End, Marvila is undergoing an exciting period of transformation. Overlooking the River Tejo, shipping containers highlight this neighbourhood’s working-class roots whilst it’s evocatively named central street, Rua do Açúcar (Sugar Street), is lined with warehouse buildings converted into vintage furniture stores, artis...