Apartments for sale in Nossa Senhora De Fatima

Real estate prices in Nossa Senhora de Fátima, a neighborhood in Lisbon, are influenced by several key factors. The area's proximity to public transportation, such as the Lisbon Metro and various bus lines, significantly contributes to its desirability, making commuting to the city center convenient. Additionally, the presence of amenities such as schools, parks, shops, and restaurants enhances the neighborhood's appeal. The architecture and condition of existing properties also play a crucial role; well-maintained older apartments often attract premium prices, while newer developments can command even higher values. Moreover, socio-economic factors, including average income levels and demographic shifts, impact demand and pricing. The overall real estate market trends in Lisbon, including foreign investment and tourism, further affect property values in Nossa Senhora de Fátima, creating a dynamic and competitive real estate environment.

In the last year, real estate prices in Nossa Senhora de Fátima, a prominent neighborhood in Lisbon, have seen a notable increase. Data indicates that the average property price has risen by approximately 10% compared to the previous year, influenced largely by the area’s appeal due to its central location and access to amenities. For instance, a two-bedroom apartment that was listed at around €300,000 last year is now fetching prices close to €330,000. This surge can be attributed to increased demand from both local buyers and foreign investors, who are attracted by the neighborhood's charm and proximity to public transportation. Additionally, new developments, such as modern residential blocks and upscale renovations of older buildings, have entered the market, further driving up prices.

As of 2023, the average home prices in Nossa Senhora de Fátima, a parish in the municipality of Lisbon, range from approximately €250,000 to €500,000, depending on the type and condition of the property. Smaller apartments, particularly studios or one-bedroom units, can often be found for around €250,000 to €300,000, while larger two- to three-bedroom apartments typically range from €350,000 to €500,000. For example, a modern three-bedroom apartment in a central location might be listed at €450,000, whereas an older two-bedroom unit further from the center could be around €320,000. Additionally, row houses and townhouses can vary significantly, often priced from €400,000 upwards, based on their amenities and proximity to public transport and local services. The neighborhood's growing popularity, driven by its connectivity and community atmosphere, continues to influence these price trends.

Property prices in Nossa Senhora de Fátima tend to be higher than in some nearby neighborhoods like Campo de Ourique and Alvalade, largely due to its central location and amenities. As of late 2023, average prices in Nossa Senhora de Fátima hover around €3,800 per square meter, while Campo de Ourique averages around €3,300 and Alvalade sits at approximately €3,500. The area's proximity to public transportation, green spaces such as the Praça de Alegria, and cultural attractions contributes to its desirability, making it more expensive than more residential neighborhoods like Areeiro and Penha de França, where prices are closer to €3,000 per square meter. Additionally, the influx of young professionals and families seeking modern housing options has further driven demand and prices up in Nossa Senhora de Fátima compared to its neighbors.

Nossa Senhora de Fátima, located in Lisbon, is characterized by a mix of residential properties, including modern apartments and traditional Portuguese homes. The architectural style often reflects the early 20th-century influence, with many buildings featuring ornate tile work and balconies. In recent years, new developments have introduced contemporary flats with amenities catering to urban living. Properties typically range from one-bedroom apartments to larger family homes, often with access to common areas or gardens. Many residents benefit from the proximity to local shops, cafes, and green spaces, making the area attractive for both families and young professionals. The neighborhood showcases a blend of historic charm and modern conveniences, making it popular among diverse demographics.

Property prices in Nossa Senhora de Fátima, a neighborhood in Lisbon, have shown a distinct upward trend in recent years, largely driven by its proximity to key amenities and transport links. With the expansion of the Lisbon Metro and improvements in local infrastructure, areas previously considered less desirable are gaining traction among both investors and homebuyers. For instance, new residential developments and refurbished buildings have increased the appeal of the area, contributing to rising demand. Furthermore, the neighborhood's cultural significance, highlighted by its proximity to landmarks like the iconic Sanctuary of Our Lady of Fátima, attracts both tourists and permanent residents alike. However, factors such as macroeconomic trends, inflation rates, and potential regulatory changes within the Portuguese real estate market could influence future price movements. Additionally, the increasing popularity of remote work may shift preferences towards suburban living, potentially impacting urban areas like Nossa Senhora de Fátima differently than anticipated.

Several amenities can significantly influence property prices in Nossa Senhora De Fatima. Proximity to quality schools, such as the Escola Secundária Dona Filipa de Lencastre, often attracts families and drives up demand for housing in the area. The availability of public transportation, specifically the access to metro stations like Campo Pequeno, enhances connectivity to the rest of Lisbon, making the neighborhood appealing to commuters. Additionally, the presence of parks and recreational areas, such as the nearby Parque Eduardo VII, adds value by providing green space for leisure activities. Shopping options, including the Gulbenkian Park’s cultural amenities and local markets, also play a role in improving the livability of the area, thus affecting property desirability and price dynamics. Lastly, the general safety and ambiance of the neighborhood, complemented by vibrant cafés and restaurants, can further influence buyer perceptions and, consequently, property values.