Arroios trades roughly 25-40% below Chiado and Príncipe Real per square metre while offering the same 19th-century building stock, three metro stations and direct airport access, making it the clearest remaining value play inside Lisbon's historic core.
Arroios borders Baixa, Estefânia and Avenidas Novas. Almirante Reis is walkable to Martim Moniz, Alfama and Avenida da Liberdade in 15-20 minutes, placing residents inside the historic city without the tourist congestion of Baixa itself.
Almirante Reis has become the city's cosmopolitan axis, with South-Asian, Nepali and Chinese communities running independent restaurants, grocers and cafés alongside new wave Portuguese bakeries, creating a genuine neighbourhood character absent from more touristed central parishes.
Arroios sits next to the Instituto Superior Técnico and Universidade Nova campuses, with a growing base of French, Brazilian and Italian buyers relocating under D7, D8 and IFICI visas, underwriting long-let rental demand on renovated three-bedroom stock.
Before you go
Tell us what you have in mind — a location, a budget, a type of home — and a member of our team will come back to you personally. No obligation.
A member of our team will be in touch with you shortly.
