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Prateato

Marvila - Lisbon

3 BEDROOMS

1,607 SQFT (149.3 SQM)

€804,000

This unique renovated three-bedroom apartment for sale in Lisbon is just a stone’s throw from the river, restaurants, co-working spaces and amenities in up-and-coming Marvila. Compared to New York’s Meat Packing District and Shoreditch in London, Marvila is tipped to be Libson’s next big thing thanks to the €3.6bn in public and private regeneration investment which will dramatically transform this industrial riverside neighbourhood over the next few years.

Key features

Renovation
Public transport
Terrace
New build
Penthouse
Covered parking

The property

This duplex apartment for sale in Marvila is part of an exciting new development which features a mix of renovated and new-build properties surrounded by a beautiful communal garden. Spread across the second and third floors of a renovated warehouse, this 149 sqm apartment comprises three double bedrooms, two of which have en-suite bathrooms, an equipped kitchen, an open-plan living and dining area and a guest bathroom. There is also a private terrace which is connected to the living area.

The future owner will also benefit from two parking spaces and storage.

Investment potential

Marvila is undergoing an exciting period of transformation with private and public projects breathing a new lease of life into this industrial neighbourhood which means that there is strong potential for capital appreciation. One of the most notable projects is Hub Criativo do Beato which is expected to span 100,000 sqm upon completion. Hub Criativo do Beato will overtake Paris’s Station F and become the largest start-up hub in the world. As this Marvila property is only a few minutes away from the future start-up by car, it is set to perform well on the long-term rental market.

Another attraction of this property is that it is eligible for the acclaimed Portuguese Golden Visa programme. One of the leading programmes in Europe, this scheme grants residency to investors and qualifying family member when they invest €500,000 or more in Portuguese real estate. After five years as a resident, it is then possible to apply for full EU citizenship. 

Location

Just 10 minutes’ drive from the historical heart of the capital, this industrial neighbourhood is set the change dramatically over the next 5-10 years thanks to the huge sums of private and public investment regenerating and reinventing the neighbourhood. Projects include a new high-tech hospital, improved transport links and a beautiful new green space: Parque Ribeirinho do Oriente. Marvila is one to watch.

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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