Lisbon Tower, Lisbon
- Properties From $770,000
- Tenure: Freehold
- Est. Rental Return: 6%
- Project Completed
- According to a PwC report in 2023, Portugal is a very safe investment option due to its economic stability.
- The cost of living and warm climate in Lisbon is luring entrepreneurs, digital nomads, and investors from around the world. Portugal has one of the lowest crime rates in the world.
- Portugal is one of the most attractive destinations for foreign investment in recent years, with US buyers investing billions of dollars. Portuguese real estate has one of the best price-to-rent ratios in Europe.
- In recent years, property prices in Lisbon have been steadily increasing due to high demand and limited supply. This trend can be attributed to several factors. Firstly, Lisbon's popularity as a tourist destination has surged, attracting millions of visitors each year. This has created a growing demand for short-term rental properties such as Airbnb apartments.
The Property
Located a short drive (12 minutes) or train ride from the touristic old town of Lisbon, this stunning new building is one of the tallest in Lisbon and offers beautiful views to the Tagus river, mountains, and city.
The building offers a variety of facilities including a health club, gym, spa, tennis court, indoor and outdoor swimming pools, concierge services, and lifestyle management services. The 195 apartments range from studio to 6-bedroom duplex apartments.
-High-end specifications
-Concierge services
-Indoor and outdoor pools
-Gym and Spa
Why Portugal?
- 65 million visitors per year
- House Price Growth 13.1% (2022)
- Inward Migration 750,000 (2022)
Due to a tourism boom, demand continues to outstrip supply leading to price increases in both the rental and sales sector. Forbes magazine recently voted Portugal the number 1 place to retire due to its low cost of living, fabulous way of life, and attractive tax benefits for foreign residents. 750,000 people made Portugal their new home last year. Although it has a population of only 10.5 million, Portugal receives 65 million visitors per year. According to Euronews, Lisbon is being lauded as Europe’s competitor to Silicon Valley, and is emerging as one of the fastest-growing tech ecosystems and one of the most desirable locations for tech-start ups in the world. The Web Summit moved to Lisbon in 2016.
Est. Returns
- Occupancy Rates: 76%*
- Est Revenue: $40,500*
- *Based on AirBnB data
Location
This building is located in one of the most privileged locations in Lisbon, the Amoreiras quarter, which is a vibrant and modern neighborhood located in the heart of the city. It is known for its iconic Amoreiras Shopping Center, which is one of the largest shopping malls in Lisbon and a popular destination for locals and tourists alike. Parque Eduardo VII, one of Lisbon’s largest parks, is adjacent to the Amoreiras quarter. This beautiful green space provides a tranquil retreat from the bustling city streets. The park features well-manicured gardens, walking paths, and a large central avenue that leads to a viewpoint overlooking the Tagus River. The area is home to a host of restaurants, bars and cultural attractions. The Amoreiras quarter is well-connected to the rest of Lisbon by public transportation. It has its own metro station, aptly named “Amoreiras,” which provides easy access to other parts of the city. The neighborhood is also served by several bus lines, making it convenient for both residents and visitors to explore the wider area.
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