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Investing in property in Graça is investing in a high quality of life in a neighbourhood that is very much on the up, with some of the city’s most interesting new projects in the pipeline. These include the opening of a private member’s club, a handful of stylish boutique hotels and the transformation of the Santa Clara Market. Prices for apartments for sale in Graça are on the rise. The average price per square metre of a refurbished two-bedroom apartment with a terrace or views over the river ranges between €5,000 to €6,500 per sqm. Expect elegant streets, apartments and houses that come with gardens and roof-terraces and then charming cottages set in secret squares. Besides the unique opportunities of apartments for sale at Graça, this charming neighbourhood is up to 20% cheaper than its well-known neighbour, Alfama.

This family-friendly residential area benefits from its well-connected location, a handful of general services, amenities and cultural influence. With increasing demand and lower prices that in neighbouring Alfama, Graça has become a great investment option. A key factor that makes Graça loved by families is the location of one of the country’s leading public schools. The neighbourhood is also home to the educational O Voz de Operário, which offers highly-regarded teaching at affordable prices. Hugely popular with expats, properties here are set to perform well on the mid to long-term rental market. Having updated and modernised some of its main squares and commerce areas, today there is a balanced fusion of the traditional and contemporary. There is a lack of modern and refurbished properties, but new developments are starting to fill the gap to meet the growing demand from international investors. Our apartments for sale in Graça are eligible for the Portuguese Golden Visa programme allowing investors to apply for Portuguese residency.

Stroll around its mini high-street of local shops that winds between two of Lisbon’s best viewpoints, Miradouro da Graça, considered by tourists one of the top Instagrammable hotspots of the city, where you can also visit Convento da Graça church, and Miradouro da Senhora do Monte – one of the places with the best panoramic view of the city, especially over Mouraria neighbourhood and São Jorge Castle. Stop for drinks and lunch at Santa Clara dos Cogumelos, a charming spot that is tucked away above the main market. The real gem of the area is the Santa Clara Market and the park that slopes down alongside it, slanting to meet gleaming views of the Tagus River. You could also go shopping for vintage clothes, accessories and antiques at the famous bi-weekly Feira da Ladra.