Alecrim 51

Experience the essence of Lisbon’s vibrant charm at Alecrim 51, a beautifully restored 18th-century building situated on the renowned Rua do Alecrim in Chiado. This exquisite project offers 15 meticulously designed apartments, blending modern comfort with the rich heritage of Portuguese architecture.

Alecrim 51 appeals to those with a refined taste for elegance. The building’s original Pombaline façade, featuring intricate Lioz stonework and ornate balconies, has been carefully preserved. Inside, each apartment, ranging from well-optimized studios to spacious three-bedroom homes, showcases a mix of contemporary finishes and thoughtfully restored historic details. Picture light-filled interiors with high ceilings, arches, and original elements such as vibrant azulejos tiles. Many residences also come with balconies or winter gardens, offering additional living space, and the upper floors boast stunning views of the river.

In addition to its striking design, Alecrim 51 enjoys an unbeatable location. Just a six-minute walk to the Tagus River, residents are surrounded by a vibrant mix of historic cafés, theaters, bars, and upscale restaurants. Excellent schools, including the British School of Lisbon, and prestigious universities such as ISEG and IADE are within easy reach. With strong public transport links, the rest of the city, including Baixa, Bairro Alto, and the Time Out Market, is easily accessible.

Among the standout residences is a loft-inspired apartment, featuring vaulted ceilings, arches, and industrial-inspired décor, making it ideal for those seeking a unique living space. All apartments in the development reflect a harmonious blend of modern aesthetics and timeless Portuguese character.

Alecrim 51 also represents a promising investment opportunity. Its prime location, historic charm, and exceptional finishes set it apart in the Chiado area. Upper-floor units with river views further enhance the appeal. At a competitive price of €8,000 per sqm, the development offers great value, with strong potential for capital appreciation and expected rental yields of 3.8%, providing an attractive return on investment.

Step into the heart of Lisbon’s historic center at Alecrim 51. Contact Niamh at Invest Property Chic today to explore this one-of-a-kind development and discover your perfect blend of contemporary design and timeless Portuguese charm.