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€ 575,000

Luxury Apartment for sale in Madragoa (Santos-o-Velho), Estrela, Lisbon

€ 575,000
334 m²

Description

About the Development:

At the meeting point of Lisbon's heritage and modernity rises Santos House, a historic landmark reborn as a contemporary sanctuary. Dating back to 1648, this building once welcomed Capuchin monks from Brittany and later became a symbol of Lisbon's layered history. Today, it is being carefully reimagined into 32 refined residences, each thoughtfully designed to blend timeless architectural beauty with modern comfort. With its azulejo-clad facadeone of Lisbon's largest for a residential buildingSantos House carries the weight of centuries while offering a lifestyle distinctly crafted for today.

Ownership here is more than property; it is an invitation to a new way of living, where every residence is complemented by elegant amenities, curated services, and a sense of belonging to a wider, international community.

Development Details:

Units: 32 apartments (1-3 bedrooms)

Sizes: from 49 sqm to 157 sqm

Price Range: from €575,000 to €1,400,000

Touristic License: All units eligible for short-term rentals

Furniture Packages: Mandatory, from €25,000-€45,000 + VAT

Ownership Benefits:

Freehold ownership

Flexible usage options (personal use, revenue share, or both)

Yields of 4% fixed for 5 years or 5-6% variable depending on usage

Community Amenities:

Wellness and fitness spaces

Extended living and co-working areas

Concierge and virtual reception 24/7

On-demand hospitality services

About the Area:

Santos is where Lisbon's past and future converse with ease. Nestled between the elegant neighbourhood of Lapa and the ever-vibrant Time Out Market, this riverside district is a tapestry of design studios, art galleries, boutique cafes, and repurposed warehouses that now hum with life as restaurants and cultural hubs.

Known as Lisbon's Design District, Santos attracts a cosmopolitan community of artists, architects, and free-thinkers, drawn to its mix of tradition and contemporary flair. Streets lined with azulejo-clad facades open onto leafy squares, while the nearby Tagus River provides a luminous backdrop to daily life. With excellent connectivitysoon enhanced by the metro expansionSantos offers both intimacy and proximity: a neighbourhood with soul, yet only minutes from the historic heart of Lisbon.

Living here is to experience Lisbon's rhythmauthentic, creative, and ever evolving.
Energy Rating: A

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Details

Size:
334 m²
Address:
Madragoa (Santos-o-Velho)
Energy Rating:
A
Interior Amenities:
Doublepane Windows
Reference:
ID783
Status:
New/Under construction

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