Beautiful renovated apartment with river views in the city centre
The apartment is located in the Alfama area in a building that was completely renovated in 2003. This apartment has a spacious living room overlooking the Tejo river and the new Port of Lisbon. It also has one storage room, a fully equipped kitchen, one bathroom with shower and one bedroom.
Alfama is currently going renovations, preparing for the new Port of Lisbon that will receive all the cruise ships for all over the world. The entire area of Campo das Cebolas will be renovated and become a beautiful park with green areas. The Port will bring more life to this area and more service and this is why the apartment is a great investment opportunity.
Not only is Lisbon Portugal’s largest and most wealthy city, but it also has the unique distinction of being Europe’s furthest western capital city. With a population of over 2.8 million in Lisbon and the surrounding area, it certainly qualifies as a large city on any scale.
Unlike some of the other cities in Portugal, it is not tourism that drives Lisbon’s economy. Lisbon is a global forerunner in the technology sector as well as a strong leader in mass multimedia, and is also Portugal’s financial district. With all of these healthy industries it is no wonder that Lisbon produces more than 45% of the Gross Domestic Product for all of Portugal. In addition, the per capita GDP is higher in Lisbon than compared to the average per capita GDP for the rest of Europe. These economic factors make Lisbon a very attractive place to live and purchase property.
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