Sottomayor Residences

Sottomayor Residences Lisbon

Sottomayor Residences Lisbon

La Vida is delighted to be able to offer for sale one of the best residential real estate developments currently on promotion in Lisbon.

The Sottomayor Residences are located close to the Marques de Pombal statue at the top of Avenida de Liberdade. A development of 97 apartments they are situated in a prime location and are ideal for investors looking at the Portuguese Golden Visa.

Released in January 2016 La Vida secured some of the earliest sales in this development for our international investors and prime properties are still available to reserve for those looking to invest quickly.

The project is a renovation of the original Sottomayor residences constructed in 1906. The apartments are considered to be one of the best for rental income and personal residence in Lisbon. They offer high decorated ceilings with moulded plasterwork inspired by the Neo-Renaissance, as well as, Boisserie fireplaces. In perfect condition, the apartments are a testimony of the wealthy bourgeoisie that installed themselves in this area at the beginning of the XIX century.

The apartments are perfectly located on Avenida Duque de Loulé close to the top of Avenida da Liberdade considered as the 10th most luxurious avenue in the world in terms of branded shops. There are many five star hotels in close vicinity. Living next to the Avenida da Liberdade is entering into the most cosmopolitan of Lisbon’s lifestyle.

The Sottomayor apartments are due for completion at the end of 2017. However investors can still move forward on their golden visa application by investing the minimum government requirement of €500,000.

House prices in Portugal have risen steadily in the past three years and early applicants for the golden visa in 2012 will have seen solid gains in their investments. Prime residential property in Lisbon is expected to see healthy price gains in the coming years and international investors considering the golden visa programme are encouraged to move quickly.

Contact our real estate consultants for further details.