Popular family quarters
The neighbourhoods of Arroios and Estefânia are situated on both sides of a long and wide Almirante Reis Boulevard that begins from the Square of Martim Moniz and ends in the northern uptown area of Areeiro. Another artery that keeps these areas connected is Pascoal de Melo Avenue. When you step into Arroios, you will have a sense of a bit wider streets and avenues, dominated by grand buildings, and amenities such as an important pediatric Hospital of Estefânia, many fine restaurants, shops and commercial buildings.
Arroios and Estefânia are most certainly being part of the ongoing revitalization of the wider area of Mouraria, Intendente, Anjos and Arroios all the way until bourgeois Alameda, which is in full swing. Until quite recently the area could be considered as the “next big thing”, but actually the time for the investment is now since this is one of the neglected areas that are being ranked increasingly high on the real estate index.