VXII century palace in Principe Real, currently under renovation/construction and ready for handover in roughly a year. The works shall include the complete renovation of the entire building and addition of a contemporary new wing, are due to be completed by May 2017.

The development will include elevators and each apartment will come with 1 or 2 parking spaces

The luxury finishing’s of these amazing apartments shall include air conditioning and central heating.

I have attached a PDF with a few 3D images of what the apartments will look like once they have been renovated. This very sprecial develoment shall comprise just 8 apartments with huge communal gardens which will capture the character of the old palace, whilst blending it harmoneously with contemporary features, which shall afford the priviledged owners all of these luxurious apartments, all the frills of modern day living.

Availability is limited, so please review the availability chart below:

. Level 0 3-bedroom duplex apartment with 254,50 m2 + 31,60 m2 outside space + 2 parking bays for 1.400.000 €
. Level 0 2-bedroom apartment with 246,00 m2 + 224,10 m2 outside space + 2 parking bays for 1.600.000 €
. Level 1 4+1 bedroom apartment with 326,00 m2 + 145,00 m2 outside space + 2 parking bays for 2.250.000 € new wing – with garden & swimming pool
. Level 1 3-bedroom duplex apartment with 268,50 m2 + 2 parking bays for 1.400.000 €
. Level 2 4- bedroom apartment with 306,00 m2 + 19,60 m2 outside space + 2 parking bays for 2.000.000 € new wing – with river views
. Level 3 2-bedroom apartment with 165,00 m2 + 1 parking bay for 950.000 €

Unquestionably an AAA location in the heart of Principe Real which ticks all the boxes and comes with all the frills. At this stage, you could even have a say in the luxury finishing’s if you choose to do so, although you can rest assured, that the finishing’s will be the very best Lisbon has to offer, as the developer shall be one of your future neighbours (he will live in one of the apartments).

The attractive Principe Real neighbourhood (named “Royal Prince” in honor of Queen Maria II’s first born child) extends north of Bairro Alto, and although it was once only known for its antique shops and bars, has now become an important shopping area, although it remains essentially a residential district, filled with gardens, a couple of the city’s most tranquil squares, and colorful mansions. The abundant charm has turned it into one of the most sought-after areas to live and rent in the central historical area of Lisbon. Many old buildings are being renovated, a young population is moving in, and there’s talk of gentrification similar to that of Georgetown in Washington DC, after the company that turned that district into the American capital’s hippest began acquiring buildings here.

This is a one-of-kind development in one of the most sough-after areas in central historical Lisbon, with only 8 owners in the entire palace building

Property Features

  • Air Conditioning
  • Central Heating
  • Elevator
  • Parking 2
  • Renovated
  • river view