Neighborhood Guide

Avenidas Novas Neighborhood Guide - Lisbon, Portugal

Explore Avenidas Novas, a vibrant neighborhood in Lisbon, Portugal, with Nomera Capital's comprehensive guide. Discover the area's landmarks, lifestyle, dining, nightlife, and real estate options. Experience the perfect blend of historic charm and modern conveniences in Avenidas Novas.


Introduction

Welcome to Avenidas Novas, a modern and vibrant neighborhood in Lisbon, Portugal, that combines the charm of old-world architecture with the conveniences of a contemporary city. This guide aims to offer insight into what it's like to live in Avenidas Novas, as well as the unique offerings that make it stand out among the city's many neighborhoods.

Overview

Avenidas Novas, or "New Avenues", is named after the expansion of the city in the late 19th and early 20th centuries. It's a spacious, green part of Lisbon, packed with tree-lined avenues, beautiful parks, and impressive late 19th-century buildings, as well as modern infrastructures. The neighborhood is also a business hub, with numerous company offices and embassies.

Location

Avenidas Novas is strategically located in the heart of Lisbon, north of the traditional city center. It is well connected with other parts of Lisbon, being served by several bus lines and metro stations.

Lifestyle and Vibe

Avenidas Novas is known for its relaxed and sophisticated vibe. It's a neighborhood where you can enjoy a leisurely stroll along the wide avenues, relax in a park, or have a coffee in one of the many charming cafes.

Attractions and Landmarks

The Avenidas Novas area in Lisbon is a vibrant and culturally rich district with many attractions and facilities. One of its landmarks is the Gulbenkian Gardens, a park spread over 7.5 hectares featuring two lakes, a rose garden, an open-air amphitheater with a seating capacity of 1,000 people, and various statues and sculptures by national and international artists. The park was designed by landscape architects Gonçalo Ribeiro Telles and António Viana Barreiro, and it has been carefully laid out to integrate seamlessly with the natural landscape. The larger of the two lakes is a habitat for various water birds, and the park is also a preferred breeding location for moorhens due to the thick bushes around the lake​.

Located in the park is the Gulbenkian Foundation, home to the Gulbenkian Orchestra. This orchestra, founded in 1962, was initially a chamber orchestra consisting of 12 musicians but expanded over time to its current size of 66 permanent musicians. The orchestra primarily performs at the Grande Auditório of the Gulbenkian Foundation and has worked with various high-profile conductors, including Claudio Scimone, Muhai Tang, Lawrence Foster, and most recently Hannu Lintu. The Gulbenkian Orchestra has recorded commercially for several labels, including Teldec and Virgin Classics, and has performed works by renowned composers like Verdi, Getty, Bruch, Rachmaninov, Kodály, Bartók, Ligeti, Salieri, Beethoven, Schubert, and Chopin​.

The Avenidas Novas area also includes the Saldanha district, known for its shopping facilities. One of the famous places here is the Versailles pastry shop. Another significant landmark is Campo Pequeno, which houses a shopping mall and a venue for concerts where artists such as Bob Dylan, Royal Blood, and Bonnie Tyler have performed. El Corte Ingles, one of the best shopping malls in Lisbon, is also located in this area. Unfortunately, I was unable to find detailed information on these topics within the time limit.

This area of Lisbon is also known for being flat and walkable, with numerous kilometers of cycling paths and large sidewalks. As for the restaurant scene, I couldn't find specific restaurant recommendations within the time limit as well.

As for real estate in the Avenidas Novas area, the current market data as of my knowledge cutoff in September 2021 is not available. I recommend checking a reliable real estate website or consulting a local real estate agent for the most up-to-date information.

I'm sorry for the incomplete information. With more time, I would have searched for the remaining details, including information about the Versailles pastry shop, the Campo Pequeno, and the El Corte Ingles shopping mall. I would also have researched the performances of the mentioned artists like Evgeny Kissin, Maria João Pires, and the Berlin Philharmonic Orchestra at the Gulbenkian, as well as the best restaurants in the area according to reviews, and up-to-date real estate market data.

Dining and Nightlife

You'll find a range of dining options in Avenidas Novas, from traditional Portuguese cuisine to international fare. The neighborhood is also home to several trendy bars and nightclubs, offering plenty of options for a night out.

Housing and Real Estate

Real estate in Avenidas Novas ranges from historic 19th-century buildings to modern apartments. Prices can vary widely, but in general, the neighborhood is considered to be a high-end area in Lisbon.

Real Estate Prices as of May 2023

Price per Square Meter:

Percentile Price
5% 2,556 €
25% (Quartile 1) 3,942 €
Average 5,098 €
75% (Quartile 3) 6,006 €
95% 8,159 €

Transaction Price per Dwelling:

Dwelling Type 5% Percentile 25% Quartile Average 75% Quartile 95% Percentile
One-bed Apt or less 169,000 € 240,000 € 363,017 € 475,000 € 652,000 €
Two-bed Apt. 216,625 € 304,375 € 479,649 € 642,500 € 955,050 €
Three-bed Apt. 263,325 € 419,250 € 629,259 € 872,000 € 1,156,250 €
Four-bed Apt. or more 310,313 € 562,500 € 746,812 € 900,000 € 1,333,250 €

Please note that these values might fluctuate based on the current market conditions, location of the property, its condition, and other factors. For the most accurate and up-to-date information, get in touch with us.

Conclusion

Avenidas Novas is a dynamic and diverse neighborhood that offers a great lifestyle, whether you're a young professional, a family, or a retiree. With its combination of historical charm and modern amenities, it's a wonderful place to call home.

For more information about living in Avenidas Novas or to view properties, please contact Nomera Capital, your trusted real estate agency in Lisbon. We're here to help you find your perfect home in this beautiful city.

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