The finest example of city’s regeneration efforts
Once a gloomy neighbourhood featured by deteriorated palacetes and shabby buildings, often frequented by people on the margins of society, grey economy, this diverse and picturesque melting pot is nowadays one of the most popular and eventful areas in Lisbon. And not without a reason! Its central location, just next to quarters of Anjos and Mouraria and basically a 10-minute walk from downtown Baixa, good tram, bus and metro connections, arty and hipstery atmosphere, many small restaurants, bars and cafes, various immigrant communities who settled here have a synergic effect transforming Intendente into one of the coolest and most intriguing neighborhoods of Lisbon.
In terms of real estate, Intendente offers amazing investment opportunities, especially for development projects. A number of the rundown buildings, former warehouses, factories and other buildings are waiting to be revived into trendy residential or commercial facilities. Portuguese-style 19th-century buildings are increasingly renovated into co-working spaces, galleries, ateliers, residential facilities, preserving the best of the old and introducing the best of the new. This “little ghetto” has grown up and evolved from the problematic kid into a bright and promising teenager, looking forward to an amazing adolescent future. Still not spoilt and overcrowded, Intendente represents a very good investment opportunity in the years to come.