As we walk the streets of Lisbon, we witness how history is intertwined with modern life at every corner. A very nice transformation project is starting in Arroios, one of the places that makes this texture feel best, right on Avenida Almirante Reis: Belvedere.
An old and characterful mansion in the region is being restored faithfully to its original. Moreover, with the two new modern blocks to be added to the project, it turns into a stylish residential complex with 46 flats spread over 8 floors in total. It is aimed to preserve the warmth of the historical texture and offer today's comfort.
Central Location, Strong Investment
Located one step away from São Jorge Castle and the city center, Arroios is already one of the most dynamic and lively spots in Lisbon. However, finding new and qualified housing in the region is always a serious issue.
This is exactly why the project, which was on the radar of international investors, changed hands under Dils consultancy. As Gonçalo Santos, one of the managers of Dils Portugal, stated, while the supply of new housing in the heart of Lisbon is so limited, it is not surprising that such a central and historical project has attracted the attention of institutional investors.
Such projects, which blend the old and the new in a balanced way, always create a special excitement as they ensure the renewal of the city without losing its soul.
Source: Cátia Colaço, Idealista / Dils Portugal
Image Source: Google Maps (Avenida Almirante Reis, Lisbon)
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