The first of Lisbon’s neighbourhoods to undergo significant renovation, prices for properties for sale in Chiado are amongst the highest in Lisbon, rising sharply in the last 5 years to hit around €12,000 for the top-end of the market. An iconic, charming, highly desirable neighbourhood with modern services and amenities, Chiado can be considered a safe bet for investment.

Just a few minutes walk from the Tagus River, properties for sale in Chiado are the ultimate lifestyle investment offering the sought-after combination of jaw-dropping views, prime location and spacious interiors. In addition, all of these properties are available and eligible for the Portuguese Golden Visa Programme, the acclaimed residency programme which paves the way to European citizenship. The area is known as a cultural zone and the apartments for sale in Chiado are ideal, both as a buy-to-let investment as well as a second home. Property prices can reach up to €12,000 per sqm, but the average is €9,747 per sqm. Perfect to live in now or to rent out, our Chiado apartments for sale offer great capital gains and long net rental yields up to 3.8%. This historic meeting point for the city’s artists and intellectuals is now an exciting investment opportunity.

Chiado is continually evolving and new shops, bars and restaurants are opening up all the time. Palácio do Chiado is a highly recommended restaurant offering traditional Portuguese and international cuisine within the spectacular setting of an 18th century palace. If you feel like going for a cocktail, try Silk Club. As an area historically known for its intellectual connections, there are several statues of literary figures such as Fernando Pessoa, one of Portugal’s greatest poets, sitting outside Café A Brasileira. Its busy streets are also home to several theatres and great shopping experiences such as, Armazém of Chiado, with its luxury shops. Be sure to visit the historic ruins of Convento do Carmo, check out the stunning views from Miradouro de São Pedro de Alcantara and visit Museu do Chiado (National Museum of Contemporary Art) with works from the second half of the 19th century.