Description
Investment opportunity in the Historic Bairro do Castelo - Vacant building to be redeveloped, with 5 floors, gross construction area of 462sqm and useful area of 346sqm.
Ideal for redevelopment and airbnb rental. Bairro do Castelo is the geographical and patriotic heart of Lisbon. It was from here that the rest of the city emerged as it grew and expanded, since the reconquest by Christians from the Moors by D. Afonso Henriques – first King of Portugal – in 1147.
Crowning the almost millennial existence of the Portuguese people , São Jorge Castle stands imposingly at the top of Castle Hill, displaying the Flag of Portugal! This is simultaneously the maximum tourist exponent of Bairro do Castelo and an obligatory stop for any tourist wanting to get to know Lisbon. At the top of the castle, it is impossible not to contemplate the view over the Portuguese capital, the waters of the Tagus River that calmly head towards the Atlantic Ocean, and Almada, a city built on the south bank of the river to which the connection is made by the famous Bridge 25 de Abril and the Cacilheiros boats.
Religious tourism enthusiasts can find a strong architectural presence dedicated to faith in this small neighborhood. There are nine churches that have survived to this day and reflect the importance of religion in the history of Bairro do Castelo and the founding of Lisbon. The main highlight is reserved for the Lisbon Cathedral, located in Encosta da Sé, the first area of expansion of Bairro do Castelo outside the walls.
The existing rivalry between Bairro do Castelo and the neighboring Bairro de Alfama takes on greater proportions during the popular marches, held during the festivities that take place in the month of June in honor of Saint Anthony, patron saint of the city of Lisbon. From Rua de São Tomé to Rua Augusto Rosa stretches most of an invisible border between two territories that have been well delineated by the passing of years and fierce rivalries between the more local neighborhoods – this is where neighborhoods get to know each other and people separate. , proud to belong to one or the other. To the tourist's eye, everything resembles an amalgamation of picturesque buildings almost stacked on top of each other to the point where neighbors, in some places, can almost touch windows on opposite sides of the street when they stretch their arms.