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Esperança 120

Santos - Lisbon

Studio - 2 BEDROOMS

€590,000 - €750,000

An exciting opportunity to own a piece of history, discover this intimate collection of renovated apartments for sale in Lisbon. Located in the heart of Santos on a traditional street, these apartments for sale are situated within an impressive building which dates back to 1721. Steeped in history, this property has housed many noble residents before being transformed into a boutique collection of apartments at the start of the 20th century. 

Key features

Renovation
Town centre
Balcony
Garden
Lift
Penthouse

The properties

Occupying the upper three floors of a beautifully renovated period building, this exciting new launch comprises nine apartments ranging from a studio through to two-bedroom duplex penthouses. Complementing this chic neighbourhood and a perfect addition to the development, there will be two shops selling high-end goods on the ground floor.

Most properties on the second floor feature double-height ceilings and three of the apartments on the second floor boast preserved wooden ceilings in the living areas which soar to almost 5 metres. Many of the properties feature a balcony or a private patio – perfect for enjoying Lisbon’s 300+ days of sunshine a year.

Echoing Santos’s unique balance of history and modernity, these apartments carefully respect the heritage of the building whilst offering the highest standards of contemporary comfort. As well as restoring the original doors and shutters, the beautiful azulejos tilework will be preserved too and used to decorate some of the apartments, giving them a truly authentic feel.

Investment potential

With an average of €5,900 per sqm, these Lisbon apartments for sale are well-priced for Santos, given their noble history and unique architecture. In this area, prime properties can fetch up to €8,000 per sqm.

Many of these properties are also eligible for the Portuguese Golden Visa programme. One of the leading residency programmes in the world, this scheme grants residency to those who invest €500,000 or more in Portuguese real estate. After five years, it is then possible to apply for full Portuguese (EU) citizenship.

Location

Riverside Santos is a unique neighbourhood where tradition and modernity sit side-by-side. Here one can find trendy cafes, sleek shops and a myriad of restaurants. Rebranded as Santos Design District back in 2005, this riverside neighbourhood is popular with creatives and is home to numerous galleries and Portugal’s largest design university: (IADE) Instituto de Artes Visuais. 

Whilst the neighbourhood is very dynamic with its thriving design sector and a plethora of start-ups it is also calm and residential which makes it a good choice for families who want to live peacefully near the river.

Santos

Thanks to its proximity to Lisbon’s Port and Old Ship Yard, Santos was historically an industrial area with very few residential options. Yet since being dubbed the Santos Design District in 2005, the riverside neighborhood has evolved into a beacon for art enthusiasts and designers, who live and work side-by-side. In recent years, the shabby-c...

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