Príncipe Real Fábrica 21
3 - 4 Sovrum
Offering some of the best city and river views in Lisbon, Príncipe Real’s former coffee factory is beginning a new life.
Undergoing a complete restoration, this architectural highlight is being turned into an impeccable selection of apartments for sale in Lisbon, within one of the city’s most sought-after and sophisticated districts. This exciting project is a fresh take on property redevelopment within a market that continues to grow in popularity.
Ranging from 2 to 4 bedroom apartments with gross areas of 120-350 sqm and terraces up to 150 sqm, all units have been thoughtfully designed, presenting top-quality finishes and benefiting from private parking and storage rooms. And all this in a quiet street just a few steps away from Príncipe Real Gardens and 700 meters from chic Chiado.
The perfect place for those living with high quality in the centre, close to everything that matters, yet away from the crowds.
With a shortage of supply and ever-growing demand for high-end properties in Príncipe Real – one of Lisbon’s most sought-after areas – projects like this don’t come often, especially considering the views on offer.
Prices for new built and refurbishments in Príncipe Real average from €6,630/sqm to €11,169/sqm, according to the data collected by Confidencial Imobiliario. This collections of apartments for sale offer an average of €7,862/sqm with rental yields up to 6.5%, yet the combination of its prime location, its stunning views, the size and finishes are of such a level that it represents a significant investment opportunity. This property is also available for the Golden Visa Programme investors.
Get to know Príncipe Real
“This exciting factory renovation occupies a unique position, one
that is private and secluded from the ‘buzz’ but also within walking distance of most of the city's best-loved areas like Baixa and Avenida da Liberdade. ”
Carlota Pelikan, Destination Adviser for Portugal
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