Castelo, Sé, Alfama and Graça

Castelo and Se

The heart of the old town, the Castelo and Sé districts are home to the medieval Sao Jorge Castle and the Sé Cathedral.

There are architectural pearls, apartments with stunning views, but its dizzying streets, cobblestones and difficult parking are repelling lisboets.

Real postcards, they house Many antique shops and souvenir shops. The bohemian spirit of the place gives it the air of Montmartre. Its potential of valorisation is unknown and it is to be preferred for rent.

Alfama

It is THE “saudade” centre in Lisbon.

Located on the slopes of Castelo Sao Jorge hill, the Alfama has remained this popular area with picturesque maze of alleyways. opening onto splendid esplanades, shaded terraces, vaulted passages and small patios reminiscent of its Moorish heritage.

Lovers of extraordinary panoramas and views will be forced to go through Miradouros of Santa Luzia and Portas do Sol.

Very touristic, Alfama has experienced a slight rise in the price of real estate, however it remains very affordable due to the weakness of its constructions, the difficult conditions of accessibility. It will be ideal for short term rental investment projects.

Graça

In the continuity of Alfama, Graça is the oldest district in the city.

On the top of one of the seven hills of Lisbon, this peaceful neighbourhood reveals grandiose panoramas and treasures of architecture, churches and convents, workers’ villas and aristocratic districts, recalling that it was the cradle of Portugal’s first political and spiritual forces.

There are many local pensioners who participate in the charm of this village, but also popular families, immigrants and young singles.

The renovated apartments can represent very nice business and number of between them have a view of the River.