Marvila - Lisbon
Compared to London’s Shoreditch and the Meatpacking District in New York, Marvila is Lisbon’s next big thing thanks to more than €3.6bn of regeneration investment which will reshape and redefine this riverside neighbourhood over the next few years. An exciting opportunity to invest in this up-and-coming neighbourhood, this stunning five-bedroom apartment for sale in Lisbon enjoys a fantastic location with shops, restaurants, amenities and the Tagus river just steps away.
Part of an innovative residential development comprising a mix of renovated and new-build apartments, this Lisbon property for sale is the largest residence available and spans 299 sqm across four floors.
One of the features that make this Marvila apartment so unique is that the basement level of the property comprises multi-use space, this could be used as an additional living area, a gym, a playroom or even a private study. This means that the future owner can truly make the property their own. There is also a private 27 sqm garden on this level too.
There is plenty of space for entertaining with an open kitchen and living space on the ground floor as well as a larger living area on the second floor. Three of the bedrooms can be found on the first floor, whilst all of them have fitted wardrobes, two of them also benefit from an en-suite bathroom. On the top floor, there is another double bedroom with an en-suite bathroom and the impressive master suite.
The property features a private lift connecting the different floors and two parking spaces. Plus, the owner will enjoy access to the communal garden that surrounds the project.
It is a fantastic time to invest in Marvila as the neighbourhood is undergoing an exciting period of regeneration which means that there is strong potential for capital appreciation. One of the most interesting projects in Marvila is Hub Criativo do Beato which is just 13 minutes’ walk or three minutes’ drive from this apartment. Set to span 100,000 sqm upon completion, Hub Criativo do Beato will overtake Station F in Paris and become the largest start-up hub in the world. This means that this property is not only perfect for entrepreneurs wishing to relocate here to access this facility but it is also set to perform well on the long-term rental market as professionals and their families move to Marvila in the future.
This apartment also allows investors to apply for the Portugal Golden Visa programme which grants residency for them and their immediate family members whilst paving the way to full EU citizenship.
Just 10 minutes’ drive from the historical heart of the capital, this industrial neighbourhood is set to change dramatically over the next 5-10 years thanks to the huge sums of private and public investment regenerating and reinventing the neighbourhood. Upcoming projects include a new high-tech hospital, improved transport links and a beautiful new green space: Parque Ribeirinho do Oriente. Marvila is one to watch.