Chiado - Alecrim 24

€375,000 - €695,000 1-2 bedrooms Sold

Alecrim 24 is the newest development project of one of the most reputable developers in Lisbon. Located in prime area of Lisbon, Alecrim gathers nine luxurious apartments for sale in one of the best street of Chiado, Rua do Alecrim.

The South facing properties are absolutely unique: their very high ceilings (lowest height is at 3 meters) enable the apartments to be filled with light, the living areas and their open plan kitchen to be extremely spacious. There is no lost space in Alecrim properties and each bedroom is ensuite.  The views from the upper floors are absolutely stunning, overlooking the river Tagus and Lisbon red tiled rooftops.

Typical of this developer, the finishes are of the best quality featuring marble stone, wooden flooring throughout and white ceramic. The five floors are accessible via a lift and the ground floor will be occupied by a retail shop. Key in Lisbon, a garage is included with the two bedroom properties.

Ideally located in the vibrant Chiado where there are lots of restaurants, bars and shops, the average price of Alecrim 24 is lower than newly refurbished properties in the same area, offering a very good potential for capital gain. Being in the heart of historic Lisbon, Rua do Alecrim leads straight to the river front and to the Mercado da Riberia, a stunning food market, sheltering also lively restaurants and bars.

This neighbourhood attracts the increasing number of tourists in Lisbon; the properties are therefore perfectly located for short term rentals, as you can explore the rest of the city easily.

Portugal provides one of the best Golden Visa Programmes, leading to permanent residency & European passport, which you'll be benefiting from when investing in one of those properties. Click here if you want to learn more about the programme.

About Chiado

About Chiado

Elegant, bustling Chiado has long been Lisbon’s calling card.  Draped over a hill that runs down from Bairro Alto to Baixa and the River Tagus, most of the buildings devastated in the 1988 fire were restored by architect Álvaro Siza Vieira to create one of the more refined and sophisticated spots in the city. Now populated with a myriad of shops, designer ateliers and restaurants, Chiado has evolved into a honey-pot for the city’s increasing number of international visitors. A hypnotic mix of modern and the traditional [...]

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