Alfama is the oldest district in Lisbon, the original old town. It's name still comes from the arabic, Al-hamma meaning "The Fountain", due to the many water sources located in the area. It's tiny cobbled staircases take us back to another era, it's the place where no cars go and most residents take pride in being able to do everything on foot.
This building feature 4 floors: two apartments with 1 bedroom and 1 duplex apartment, with 3 bedrooms. Each floor is an independant apartment, fully equipped.
This property is sold fully renovated, furnished and equipped, and has great potential for rental yield. Contact us to know more!
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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