14th September 2020
History of Lisbon
Lisbon is one of the oldest cities in Europe and has witnessed imperial riches, fires, plague, one of the most destructive and deadliest earthquakes in recorded human history, revolutions, coups, Europe’s longest dictatorships and one of the most severe financial crisis’ since the Great Depression. But the city soldiers on, strangely emerging from each crisis better and more beautiful than before.
Lisbon’s strategic geographical position at the mouth of the River Tagus, the longest river on the Iberian Peninsula helped the city evolve into what it is now. The spacious and sheltered natural harbour made the city an important seaport between the Mediterranean Sea and northern Europe; Lisbon has subsequently enjoyed the commercial advantages of its proximity to southern and western Europe as well to sub-Saharan Africa and North and South America.
After the Great Lisbon Earthquake of 1755, which destroyed much of the city. The Chief Minster at the time Marques de Pombal, immediately began rebuilding the city in a simple, cheap and earthquake-proof style which created today’s formal grid around the Baixa area of the city. During the early 20th century, Portugal was in amidst of Europe’s longest dictatorship, which has become known as the Revolution of the Carnations, which ended in 1974.
Lisbon was reincarnated again, when Portugal joined the European Community in 1986, which paved the way the for major redevelopment and investment in the city. Although the Global Financial Crisis of 2008 stalled many of the development projects Lisbon began the flourish again in the late 2010’s with many of the major redevelopment projects restarting again, namely the continued expansion of the Metro and the new multimillion-Euro cruise ship terminal.
Living in Lisbon
With 270 days of sunshine a year, a laid-back lifestyle based around the sea, and a city centre bustling with restaurant, shops and art makes it easy to understand why Lisbon has been ranked as top European travel and investment destination multiple times over the past few years.
The city has been long seen as a picturesque and affordable city by many, it has only been in the past few years that the Lisbon has started to move away from its conservative roots to deliver a trendy vibe of its. This transition can be attributed to the influx of young creatives and entrepreneurs moving into the city due to the affordable rents, thriving café and bar culture and the growing career opportunities.
Lisbon benefits from a wide-ranging transport system which includes the Lisbon Metro, the Lisbon tramway and an extensive bus and rail network – making getting around the city super convenient and easy.
Moving to Lisbon
Lisbon is a picturesque city full of beautiful streets, cosy venues and various cultural finds across the city. In Lisbon, history blends with modernity and a century-old landmark may sit side by side – each street has a story to tell and each corner reveals a different secret.
Our first development completions in Lisbon are due over the coming months. With our first development Bela Vista due to complete in September 2020 and completions at The Carvalho due shortly afterwards. If you would like to find out more about moving to Lisbon and the properties, we have available, please complete the contact form below.