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Prata Riverside Village

Marvila - Lisbon

1

€300,000

This studio apartment for sale in Marvila, Lisbon, is part of a brand-new urban village designed by illustrious architect Renzo Piano. Winner of the Pritzker Architecture Prize, Renzo Piano has designed some of the most iconic buildings in the world such as The Shard in London, The New York Times Building and the Pompidou Centre in Paris. Impressive architecture and impeccable finishes aside, what makes this apartment so exciting is its riverside location in Marvila. Likened to London’s Shoreditch, Marvila is undergoing a period of transformation fuelled by more than €3.11bn of regeneration investment which means that there is strong potential for capital appreciation over the coming years.

Key features

Renovation
Public transport
Lift
New build
Covered parking
Concierge services

The property

This Marvila apartment for sale is located on the third floor of a striking contemporary building inspired by the billowing sails of the boats that cross the Tagus river every day. Glass is used heavily throughout the building to maximise the natural light and take advantage of the views and this apartment is no exception. The floor-to-ceiling windows and sliding doors of the studio room ensure that the apartment receives plenty of light. There is also a balcony that spans the width of the apartment – perfect for enjoying Lisbon’s 300 days of sunshine.

Overseen by Renzo Piano, the 52 sqm apartment features exquisite finishes throughout including an Ernestomeda kitchen with Fenix lacquered furniture and SMEG kitchen appliances. The bathroom features Duravit appliances and Gessi taps. Florim ceramic tiles are used in the bathroom and kitchen whilst the rest of the apartment features Ribadão Série TUA wood flooring.

The apartment includes one parking space, storage and air conditioning. Plus, the future owner will benefit from access to the on-site concierge service.

Investment potential

At just under €5,800 per sqm, this apartment is very competitively priced for Lisbon given its impressive finishes and acclaimed architect. In comparison, similar properties in the city centre can command as much as €10,000 per sqm. Plus, there is strong potential for capital appreciation as Marvila’s regeneration plans come to fruition. One of the most exciting plans is Hub Criativo do Beato which upon completion will span 100,000 sqm, making it the largest start-up hub in the world and cementing Lisbon’s status as a hub for innovation and technology. 

Location

Positioned between the historic centre and Lisbon’s business and expo hub, Parque das Nações, riverside Marvila is one of Lisbon's most exciting areas for property investment thanks to the huge sums of public and private regeneration investment which will transform the neighbourhood. 

With trendy galleries, restaurants, cafes and co-working spaces, this is a vibrant area that will soon become the new home for young creatives, business owners, couples, artists and entrepreneurs.

Marvila

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...

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