Olivale 156

A Rare Gem in Alcântara: Old Lisbon Charm Meets Modern Living

Nestled in one of Lisbon’s most vibrant and fast-rising neighborhoods, these newly built apartments in Alcântara capture the essence of classic Lisbon — with high ceilings, elegant finishes, and architectural touches reminiscent of a small palácio. Every detail was designed to evoke the timeless character of the city while offering all the comforts of modern living.

Think traditional Portuguese tiles reimagined, cast-iron balconies, and tall wooden shutters — paired with contemporary interiors, energy-efficient systems, high-speed internet, and modern kitchens and bathrooms. This is the sweet spot between heritage and innovation.

Located just minutes from LX Factory, the riverside, and top dining and cultural spots, it’s ideal both as a stylish Lisbon pied-à-terre or a smart, high-demand rental.

What makes this truly unique? The rare Alojamento Local (AL) license possibility — nearly impossible to find in central Lisbon today. That means short-term rentals are legally allowed, making this a standout investment opportunity with exceptional yield potential.