Ribeira 11

Lisboa 1200-066

Portugal

Amazing opportunity in this 123 sqm T2 apartment, located in the brand new Ribeira 11 building. It has two bedrooms and two bathrooms,one of which an ensuite large living room combined with a fully equipped kitchenette. The building also includes a large communal terrace overlooking the city.

The building is a former warehouse that has been completely refurbished and transformed into a collection of 37 bright and spacious apartments. There is also a huge communal roof-top terrace with an amazing view of the city as well as the Tagus river. On this roof-top, there is also an outdoor exercise area where residents can enjoy the view while exercising. The building is part of an area covered by the Plano de Pormenor do Aterro da Boavista Nascente, an intervention plan to develop this riverside area. Public gardens in the building surroundings will be created, through the demolition of existing buildings in the Boqueirão dos Ferreiros street, as well as the transformation of constructions in the Ribeira 11 rear façade into a vertical garden.

Investment opportunity
This apartment is an excellent investment opportunity. Since the apartment is located in a downtown area where short-rental licenses are still being issued, this is a rare find. The apartment is also eligible for the Golden Visa program, which offers residency to those who invest €500.000 or more in real estate. After five years, it is possible to apply for a Portuguese citizenship.

Location In Cais do Sodré we can find schools and art studios working next to bustling restaurants; old tile façades and charming old buildings surrounded by modern construction. The recently refurbished Time Out Market is seen as a landmark for this area of the city. The apartment is located by the Tagus River in the Cais do Sodre/Santos area just around the corner from the famous “Time out Market”. This area is considered one of Lisbon’s trendiest areas during the day and the most vibrant during the night. It is fashionable with an edgy atmosphere and one of the most unique neighborhoods of central Lisbon. Here are popular restaurants and cafes, but also home to schools and art studios and other social amenities. You will be close to Metro stations and it is also from here you take the coastal train towards Carcavelos and Cascais.