1 Bedroom flat with 48 sq m, balcony of 3 sq m, inserted in a new residential development to be born on Avenida Almirante Reis, central axis that connects the vibrant downtown Lisbon to Praça do Areeiro and the Airport

Arroios, Lisboa, Portugal

For Sale

€425,000

REF: 821760 €425,000


1

1

48 m2

51 m2

Description

1 Bedroom flat with 48 sq m, balcony of 3 sq m, inserted in a new residential development to be born on Avenida Almirante Reis, central axis that connects the vibrant downtown Lisbon to Praça do Areeiro and the Airport. This historic building, now revitalised, stands out as a milestone in the enhancement and preservation of Lisbon's architectural heritage.

Developed under the inspiration of the New Classic movement, the development harmonises tradition with modernity, offering new life to one of the most distinctive buildings in the region. It includes 26 residential apartments, from 1 to 3-bedroom, most of which have parking and storage, and 3 commercial spaces on the ground floor, integrating perfectly into the dynamic urban fabric.

The apartments' interiors are designed to reflect an ethos of sophistication and urban comfort, with large windows that allow for an abundance of natural light, enhancing bright and cosy interior spaces. Meticulous attention to detail is evident in every element, creating environments that are both elegant and functionally generous.

The rehabilitation of this building not only enriches the urban landscape in which it is inserted, but also reflects a deep commitment to standards of quality, sustainability and innovation. Located in front of the Banco de Portugal building and with direct access to the Metro, it benefits from a privileged position in the Anjos and Arroios district, recently voted the 'coolest neighbourhood' in Europe by Time Out magazine, promising an ideal combination of convenience and cosmopolitan lifestyle.

Ideal for those who value cultural heritage, contemporary design and vibrant urban life, this project is truly a place where classic and modern meet to create an exceptional home in the heart of Lisbon. Don't miss this opportunity. Request more information now! Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, we are based in Foz Do Douro, one of the noblest places in the city and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
1 Bedroom flat with 48 sq m, balcony of 3 sq m, inserted in a new residential development to be born on Avenida Almirante Reis, central axis that connects the vibrant downtown Lisbon to Praça do Areeiro and the Airport. This historic building, now revitalised, stands out as a milestone in the enhancement and preservation of Lisbon's architectural heritage.

Developed under the inspiration of the New Classic movement, the development harmonises tradition with modernity, offering new life to one of the most distinctive buildings in the region. It includes 26 residential apartments, from 1 to 3-bedroom, most of which have parking and storage, and 3 commercial spaces on the ground floor, integrating perfectly into the dynamic urban fabric.

The apartments' interiors are designed to reflect an ethos of sophistication and urban comfort, with large windows that allow for an abundance of natural light, enhancing bright and cosy interior spaces. Meticulous attention to detail is evident in every element, creating environments that are both elegant and functionally generous.

The rehabilitation of this building not only enriches the urban landscape in which it is inserted, but also reflects a deep commitment to standards of quality, sustainability and innovation. Located in front of the Banco de Portugal building and with direct access to the Metro, it benefits from a privileged position in the Anjos and Arroios district, recently voted the 'coolest neighbourhood' in Europe by Time Out magazine, promising an ideal combination of convenience and cosmopolitan lifestyle.

Ideal for those who value cultural heritage, contemporary design and vibrant urban life, this project is truly a place where classic and modern meet to create an exceptional home in the heart of Lisbon. Don't miss this opportunity. Request more information now! Castelhana is a Portuguese real estate agency present in the domestic market for over 25 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital. In Porto, we are based in Foz Do Douro, one of the noblest places in the city and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Property on Map

#CT-26613

Currency Exchange

Arroios, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €425,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€425,000 £352,032 £365,266 £13,235
Property Price € €425,000
Minimum cost in the last six months £352,032
Maximum cost in the last six months £365,266
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,235

Arroios, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €425,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€425,000 £352,032 £365,266 £13,235
Property Price € €425,000
Minimum cost in the last six months £352,032
Maximum cost in the last six months £365,266
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,235

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £13,235 more.

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