Why invest in an Areeiro property?
There are many reasons why you should consider becoming an Areeiro property owner. Areeiro is a lively neighborhood surrounded by many beautiful buildings. It is a pleasure to walk around the neighborhood, visit the vast gardens and see the impressive ‘Fonte Luminosa’ which is still quite a well kept secret in Lisbon. It is a luminous fountain which has water shows every afternoon and night.
Lisbon has become more popular over the last years, and the prices for properties has risen. If you are looking to invest in an Areeiro property, the average price of an apartment per sq. meter is €3,900. The average price for investments is €2,500 per sq. meter.
18. August 2018
Sale price distribution in Areeiro
Sale price per sq.m. for each property price in Areeiro
The proximity to the university Instituto Superior Técnico also makes this an attractive area for both families and students alike. If you are looking for a place with good access to public transit, then Areeiro might appeal to you. There are four metro stations in the area – Roma, Areeiro, Olaias and Alameda. Buses to Costa da Caparica also run frequently, which is convenient if you want to escape the city and enjoy the beach.
Areeiro is also a good neighbourhood if you like shopping. Some of the most popular shopping stores can be found on Joao XXI, Avenidas Roma and Guerra Junqueiro.
Green spaces and cultural scenes
The Bela Vista Park in Areeiro is a great place to relax and grab a coffee in the sun. It is one of Lisbon’s largest open areas within the city limits. Bela Vista, which means beautiful view, is also occasionally used for venues for concerts. Many artists have performed here such as The Rolling Stones, Madonna, Queen, Sting, Amy Winehouse and Guns N’ Roses. You can also take nice walks in the park or do running sessions.
The Maria Matos Teatro Municipal is another interesting sight in the area. It is more than just a theatre though – it is also a cultural hub and activity centre. It is one of Lisbon’s principal cultural centres and here you can find theatre and dance performances, as well as concerts.
Life in Areeiro
Living in Areeiro means you are in close proximity to Hospital de Santa Maria. There is also the Municipal Police of Lisbon close to the metro station Praca de Espanha. Another benefit of living in Areeiro is that there’s many good schools and universities close by, including some international schools.
Life in Areeiro has many advantages – you are well connected with public transportation, it has a chic and cultural vibe, and many renowned schools are in the area. If you are looking to invest in an Areeiro property, then have a look at Casafari’s database to find your new home.