Graca - Lisbon
Made up of five buildings on a spacious 5000 sqm plot, this project has been designed by ARX Architects, the Gondwana Biodiversity Development and José Veludo (one of the best landscapers in town). This is the only project of its kind in Graça that offers such facilities in a location steeped in history.
Over 245 sqm, this four-bed duplex apartment for sale in Lisbon is situated on the fourth and fifth floor in one of the five buildings. On the bottom floor, you will find an open-plan layout with a spacious kitchen, living and dining area, as well as an ensuite bedroom, separate bathroom and an additional bedroom, which would also work well as an office. On the top floor, there is a master bedroom with en-suite bathroom, an additional bedroom and bathroom and an additional living area. A key selling point for this apartment is the surrounding terrace on the top floor spanning 179 sqm.
Aside from quality finishes and high-spec design, the owner will also own two parking spaces within the project. Further excellent facilities including communal gardens, a swimming pool, a vegetable garden, a children's play area and a relaxation centre and spa make this project one of the most exciting opportunities the city has seen for a while.
Right next to Alfama and the São Jorge Castle lies the district of Graça, one of Lisbon's oldest suburbs. Located on top of the highest hill, this historic and residential area is renowned for its neighbourhood feel, as well as its infrastructure, services and panoramic views over the rest of Lisbon. An area which has started to generate interest in recent years with street art and an array of new restaurants, Graça's property prices are up to 20% cheaper in comparison to Alfama. Well connected to the centre of Lisbon yet at present, still affordable, it is no surprise that the area has caught international and domestic interest and thus property prices here are on the rise.
Situated in Graça lies Jardim da Glória, a contemporary project with excellent facilities yet still in a location steeped in history. The development averages €5,800 per sqm and is forecasted for immediate capital growth. This property is also eligible for the Portuguese Golden Visa programme.