By the river, Santos charms due to its relation with the Tejo and its Lapa influence.
Separated from S. Paulo by Avenida D.Carlos I, Santos has nice squares to appreciate the view and the sun, good restaurants as Alma from the gourmet chef Henrique Sá pessoa, Taberna dos petiscos that are always full, A Travessa owned by a belgian lady and located in a convent. In fact, Santos has a lot to offer, not as BCBG as Lapa but in someway more charming. It is famous for its bars and discos but it has a very different lifestyle during the day.
You will certainly enjoy the fact that you can easily have a walk, run or practice in the trendy Academia gymnasium in the river side. The French embassy is located in Santos and some jewels of Portuguese architecture boards the up and down the streets like Calçada de Abrantes. Old families lived here and it is easy to understand it when you look at the buildings “apalaçados”. Lots of apartments have stunning views, beamed ceilings, wooden shutters, wooden parquets which can help to forget the general lack of elevators!
Sqm prices are in the middle high range for Lisbon but thanks to the renovation of old palaces for housing it is possible that the prices will grow up in the next years.
To guarantee a good ROI, it is important to have a parking place because it is really hard to park in the neighborhood, but the search for renting exists and will continue to exist, especially for the seasonal short-term renting.