Stunning 2 Bedroom New Build Apartment In Estrela, Lisbon

In one of Lisbon’s most desirable neighbourhoods, a historic building has been thoughtfully reimagined to offer refined residences that blend timeless character with modern living. Set along a key avenue in Estrela, these homes benefit from uninterrupted views across the city, the 25 de Abril Bridge and the Tejo River. Designed for a walkable, connected lifestyle, the development is minutes from Lisbon’s finest green spaces, riverside paths, and a new metro link due to open in 2025.

About the Location

Carefully restored to preserve its heritage, the building now houses a range of one to three-bedroom apartments characterised by functional design, abundant natural light and high-spec finishes. Interiors feature oak floors, integrated SMEG kitchens and double-glazed windows offering sound insulation and climate efficiency. Residents enjoy exclusive access to a rooftop terrace with a pool and panoramic views, along with private parking, communal areas and meeting spaces. Every detail is crafted to support both everyday comfort and long-term value.

About the Property

Estrela is a neighbourhood of leafy boulevards, historic villas and a quiet sophistication that has long appealed to Lisbon’s diplomatic and professional communities. Within walking distance of the river and some of the city’s most iconic gardens, the area also boasts easy access to transport, independent shops, celebrated restaurants and cultural landmarks. The upcoming metro extension will place this location even more firmly on the city’s connectivity map, reinforcing its status as one of Lisbon’s most liveable and enduring addresses.

Investment Potential

Opportunities to acquire newly restored residences in heritage locations are increasingly rare. This address offers long-term capital growth potential, supported by high-quality construction, strong local demand and significant infrastructure upgrades in progress. The combination of location, finish and functionality positions this property as both a lifestyle asset and a sound investment. With Lisbon’s residential market continuing to show resilience, especially in central neighbourhoods, this is a smart move for those seeking security and value.

ATHENA ADVISERS - Added value and 360° purchase support since 2003

In addition to organising property viewings from our office on Avenida da Liberdade, our in-house teams also support clients through every step of the purchase process from finding the best Portuguese mortgage through to rental management. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.