Largo 57, a collection of 51 apartments for sale in the historical centre of Lisbon, is being completely renovated to offer elegant and modern properties with an industrial touch. Ideally located in the vicinity of Lisbon’s best touristic areas and restaurants, boutiques, hotels and parks, Intendente is an up-and-coming area where prices are still low and where the potential for capital gain is very strong.
Unlike nearby Mouraria, Intendente is popular with younger crowds, creatives and artists and has a real atmosphere of opportunity and forward thinking. Intendente Square, well renowned for its famous tiles shop Viúva Lamego, has recently been fully renovated giving to the area a very nice look and feel. The neighbourhood is dynamic and becoming very trendy and increasingly attractive to young buyers. Prices also reflect this as they are considerably lower than neighbouring areas, ideal both for daily living as well as short-term rentals.
The development, built in a U shape, and is the only project of its kind with a large communal garden and terraces or private gardens, in the area. The apartments themselves, mostly lofts and duplexes offer something different from the typical design often found in the capital with an industrial feel. Contemporary interiors offer maximum comfort and privacy. The building’s unique architecture allows for plenty of natural light with views over the gardens or the square. Apartments on the ground floor have their own private entrances and gardens.
The studio to two bedroom apartments for sale have a spacious living room with an open plan equipped kitchen and additional mezzanines can be converted into a separate room depending on the client’s preference. Apartments located on the ground floor have large gardens while others have typical Portuguese balconies. The properties for sale range from 51sqm to 157sqm with high quality finishes such as marble countertops, wooden floors and white ceramic. Instead of a car garage, the building comes with a bicycle room and every apartment will come with a free blue or pink bicycle.
Largo 57 is the first of its kind in Intendente, and while other developments are being built in the near future, Largo 57 will be the first finished development in the area, with the delivery date set as December 2018. Within 50m from the Intendente metro station, 10 minutes walking distance to Baixa & Mouraria and 15 minutes to the Tagus River, the building is in an ideal location for short or long term rental with great potential for capital gain, making this an incredible opportunity to live in or to rent out and many of these properties are eligible for the Portugal’s Golden Visa programme, leading to permanent residency & European passport.