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Esperanca 120

Santos - Lisbon

2

€720,000

Located on the second floor of a palace which dates back to the 1700s, this stunning two-bedroom apartment for sale in Lisbon enjoys a superb location just a stone’s throw from the river and close to restaurants, cafes and shops. Like Santos where history and modernity live side by side, this property for sale combines modern touches with preserved traditional features. It is a unique opportunity to own a piece of history.

Key features

Golden visa

The property

Once the home of Portuguese nobility, this 300-year-old palace is undergoing an exciting renovation which will restore it to its former glory.

This Lisbon apartment spans 108 sqm and benefits from two spacious bedrooms, a balcony of 9 sqm as well as two Juliet balconies. However, the highlight of the property is its stunning living and dining area of 36 sqm which boasts preserved wooden high ceilings of around five metres and is embellished with beautifully restored azulejo tilework.

Investment potential

This unique property is a fantastic lifestyle investment for small families or couples who wish to live in a period property close to the river. Plus, it is also eligible for the Portuguese Golden Visa programme and investors can apply straight away after purchasing the property. One of the leading residency programmes around, the Portuguese Golden reached a new high in May 2020 with 270 visas issued in a single month. 

In Santos, prime properties can command as much as €8,000 per sqm which makes this property at €6,388 per sqm keenly priced considering its location, historic features and noble history.

Location

Trendy Santos was rebranded as the Santos Design District back in 2005 and is a major hub for creatives and artists with a selection of galleries, design shops and the acclaimed IADE, Portugal’s largest school of design. With shops, restaurants and cafes, Santos has everything on the doorstep plus Lapa and Chiado are just a short walk away too.

Whilst this area is dynamic with numerous start-ups it is also very residential, making it a popular choice with families who want to live close to the river.

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