Alecrim 51 — Historic Elegance in the Heart of Lisbon

Alecrim 51 – Living and Investing in the Historic Heart of Lisbon

As its name suggests, Alecrim 51 is located on Rua do Alecrim — one of Lisbon’s most prestigious and iconic streets, linking Bairro Alto, Chiado, and Cais do Sodré. This 18th-century building with views over the Tagus River has been carefully restored and transformed into a contemporary residential project while preserving its unique historic character.

The development comprises 13 apartments and one commercial unit, spread over five floors with elevator access. Many units feature views over Rua do Alecrim, Rua das Flores and, in some cases, the Tejo River. Layouts range from studios (T0) to spacious three-bedroom apartments (T3). High ceilings, large windows, abundant natural light, and original decorative details make each apartment unique.

Available Units

• Studios (T0) – three units ranging from 34 m² to 67 m², priced between €390,000 and €650,000

• One-bedroom (T1) – two units of 91.5 m² and 93 m², priced at €765,000 and €870,000

• Two-bedroom (T2) – two units of 110 m²: one priced at €1,200,000, the other at €1,475,000 (higher floor with Tagus view)

• Three-bedroom (T3) – a spacious penthouse of 158.5 m² with panoramic city and river views, priced at €2,375,000

Interiors and Features

• Wooden flooring creating warm and welcoming spaces

• Open-plan kitchens integrated with elegant living rooms, equipped with Siemens appliances (induction hob, oven, microwave, extractor, fridge-freezer, washer-dryer)

• Marble countertops and washbasins

• Built-in wardrobes and smart storage solutions

• Fire alarm system in every apartment, coded building access, and fire-resistant entrance doors

Investment Appeal

• Strong demand for long-term rentals in one of Lisbon’s most sought-after central locations, popular with expats, professionals, and local residents

• Asset value growth thanks to the rarity of premium real estate in the historic city center

• Limited supply: new developments in this prime area are extremely scarce, ensuring lasting desirability and liquidity

Location

Rua do Alecrim sits at the crossroads of Lisbon’s most vibrant neighborhoods, where culture, gastronomy, and business converge. Within walking distance are renowned restaurants, theaters, art galleries, museums, boutique shops, and the riverside. Excellent transport links include metro, bus, tram, train, and ferry connections.

Alecrim 51 is a rare combination of historic elegance, modern comfort, and secure investment in the very heart of Lisbon.