Situated between Rato, Castilho District and Chiado, there is Pr��ncipe Real, the new trendy area.
The main street called Rua da Escola Politécnica is being bought by Russians, Americans and other rich investors. Two new shopping galleries “Entretanto” and “Embaixada” brought even more life to the area. Lots of restaurants, lots of bars, Lots of clothing shops, a mix of gay community, rich families, foreigners make it the Marais of Paris. the Praça das Flores spot is so joyfull it makes you feel you live in the middle of a village, very unique.
Some parts of the neighborhoods are calm, some more noisy, but it���s where everybody who comes to Lisbon wants to buy at the moment. Lots of “hotels particuliers”, no penthouses here but hidden gardens and sometimes very good views can make the peace difference in a urban lifestyle.
Even if the sqm is already very high, if we consider that the streets are tight, it is difficult to park, the quality of construction is weak, no elevators in a large majority of the buildings, this picturesque but fashion area is a great real state investment for short terms renting in special. Maybe only Chiado has a bigger search for this kind of deal.
The potential of resale can be interesting because Chiado is now starting to be saturated and Principe Real being the alternative for whose who love this kind of neighborhood. The best would be to buy a small building and transform it into a private villa, with a garden and the possibility of having a parking in the ground floor. Luxury guaranteed!