Chiado Will Gain Another Luxury Residential Project

25 May 2018

18 luxury apartments will be created within an old building at the intersection of the historic streets of Crucifico and São Nicolau, giving the project its name: São Nicolau Chiado.

Located next to the Rua Nova do Almada, the new development will have one- and two-bedroom flats, in addition to two exclusive duplexes (two- and three bedrooms) on the upper floors, with wide-ranging views of the city, the Castle and the Tagus river.

JLL and Quintela and Penalva – Real Estate are in charge of sales. Patrícia Barão, JLL’s head of residential, believes that “the great idea behind the São Nicolau Chiado is the possibility of living in the heart of Chiado, one of Lisbon’s most vibrant neighbourhoods, in a historic building that has all the comfort that [buyers] look for today. When we add breathtaking views of the Tagus river and the Lisbon’s hills to the mix, we do not doubt that it will be a major success in sales, whether for buyers who want to live [in the property] or for investors.”

Jorge Costa, Development Manager of Quintela & Penalva – Real Estate, added that “Baixa and Chiado are the perfect destinations for a safe investment and the natural choice of the most demanding clients who are looking for the best of Lisbon at their footstep. The São Nicolau maintains the timelessness and charm of Pombaline architecture while offering apartments that have functional and modern layouts, with views from the upper floors which are capable of surprising anyone.”

Original Story: Diário Imobiliário

Translation: Richard Turner