€375,000
Located in the heart of Lisbon, in the Arroios parish, on a street parallel to Av. Almirante Reis and near the Church of Nossa Senhora dos Anjos, the Palmira in Lisbon development is set in a predominantly residential area, on Rua Palmira. This location offers the calm and family-friendly atmosphere of a traditional Lisbon neighborhood, while being just steps away from the city’s hustle and bustle. Comprising 7 units ranging from T1 to T3 Duplex, with areas between 49 m² and 196 m², the project stands out for its careful restoration of significant architectural elements, seamlessly blending the old and new, ensuring that the passage of time does not erase the building’s historical essence. Inside the apartments, the traditional Pombaline windows with interior wooden shutters were recreated, along with baseboards and door frames characteristic of this architectural style, preserving the rich heritage of Lisbon’s buildings. The main goal of the project is to restore a “gaioleira” building from the early 20th century to the city, which, over the years, had been altered and lost many of its original features. One of the building’s most notable features is its tiled façade, showcasing traditional Portuguese tiles in vibrant and unusual colors for Lisbon, setting it apart from other buildings of the same era. This apartment, with a total area of 49 m², features an open-plan living room and kitchen, one bedroom, a bathroom, and a small balcony measuring 10 m². Here you can enjoy palaces and manor houses (Palacete da Estefânia, Sotto Mayor Palace) Anjos Church, schools (Camões Secondary School, former Liceu Camões and Universidade Autónoma de Lisboa) the Hospital de Santo António dos Capuchos, the Cinema Império and the Neptuno fountain in Largo de Dona Estefânia, as well as several restaurants and traditional shops. As it is so central, it has a good transport network (Metro and buses) that allow easy access to other parts of Lisbon, making this property an excellent investment for long-term rentals, as well as owner-occupied housing with a comfortable life in the city centre. -PROP-031318
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