The trendy neighborhood of the moment
Next to the Tejo River and before reaching Parque das Nações, is the district of Marvila, a district that, together with the neighbouring district of Beato, is reinventing itself and becoming one of the most relevant districts of Lisbon.
Originally an industrial area, with factories of wine, matches or soap, the area went into decay in the 1980s and 1990s, giving way to abandoned warehouses.
In recent years, factories and warehouses have been giving way to cultural and creative centres, art galleries and co-working spaces that have brought life back to the neighbourhood.
Today, the neighbourhood has a new life with a new cool vibe full of new restaurants, modern cafes, alternative stores, decoration shops, antique shops and luxury residential developments. Some popular brands of handmade beer have also moved into the neighbourhood, making it also known as the Lisbon Beer District.
Marvila is becoming one of Lisbon's most innovative urban hubs, mainly due to the Creative Hub Beato, one of the largest international creative hubs, which has captured some global companies. Along 3 hectares, 20 buildings are being transformed to receive entities in the areas of technology, innovation and creative industries.
Other ambitious projects have also helped to revitalise the area, such as a new optimised public hospital (Hospital Lisboa Oriente) or the Parque Ribeirinho do Oriente, a huge green space on the riverside.
With this revitalization of the neighbourhood, Marvila is increasingly being inhabited by young people but also by families looking for larger properties than they find in the centre of Lisbon. With train, buses and bicycle path, the area is easily accessible both by car and public transport and it is easy to walk along the riverside area.
Outside the traditional tourist circuit, Marvila is a neighbourhood full of opportunities for investment in rehabilitated buildings or new luxury real estate developments.