Behind the historically authentic exterior, The Carvalho, completed in 2020, showcases modern interior architectural elements across the 8 units and garden. The residence is named in honour of Sebastião José de Carvalho e Melo, the inaugural Marquês de Pombal. As a leading government minister, Pombal played a crucial role in the post-1755 earthquake reconstruction of Lisbon, overseeing the city’s progressive rebuilding. His legacy endures through the widespread adoption of the Pombaline architectural style throughout Lisbon after the earthquake, characterized using azulejos— the blue and white tiles for which the city is renowned.
Distinguished by pastel-painted houses and a myriad of restaurants and bars, Santa Catarina seamlessly blends the charm of old Lisbon with the city’s newfound cosmopolitan influence. Embracing tech start-ups and European fashion boutiques on its cobblestone streets, Lisbon has evolved into one of the most fashionable areas, making it a prime location for property investment.
Carvalho House is conveniently situated, just a 1-minute walk from the nearest Tram Stop, a 9-minute walk from the Santos Train station, and a 10-minute walk from the Baixa-Chiado Metro Station.
Lisbon, Portugal’s capital, is recognized globally as a favoured destination for companies, investors, and tourists. The city’s strong technology, media, and financial sectors, along with its robust tourism industry, play a significant role in Portugal’s GDP, with Lisbon contributing 36%. Start-ups, co-working spaces, and nearshoring services are pivotal in attracting businesses, including major players like Google, which are establishing offices across the city.
Lisbon expects a population increase of 1.1% from 2022 to 2035, alongside a 11.5% GDP growth from 2022 to 2023. Despite its economic strength, Lisbon remains affordable compared to other major European capitals, with an average house price of just EUR3,575 per square meter.
Residential rental prices in Lisbon have seen substantial growth of 21.7% since 2018, expected to continue due to limited rental availability.
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