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2 Beds
1 Bath
106 sqft

$501,676

Avenida Engenheiro Arantes e Oliveira Olaias, Lisboa 11, 1900-222

Price per sqft$4,732.79
Built in1982
Property size106 sqft
Property typeCondominium

Overview

Active

Listed Aug 25, 2026

Updated 5h ago

Inserted in the emblematic Arco-Íris building, this housing complex is located in Encosta das Olaias, next to Areeiro. The work of the architect Tomás Taveira and a landmark of postmodern architecture in Lisbon, it won the Valmor and Municipal Architecture Prize in 1982, distinguishing itself by its play of volumes, recesses and protrusions, geometric shapes and strong colours. The apartment remains in its original state, as the architect designed it, highlighting the finishes in natural and solid wood. The parquet floor, the false ceilings covered in wood, the built-in wardrobes and the lines that surround the skirting boards and skirting boards preserve the identity and character of the project. Here, you will find an opportunity to renovate the apartment, maintaining the original concept of the award-winning architect and adjusting only the details to your taste and needs. On the other hand, if you prefer a more contemporary style, you have an apartment with generous areas, lots of light and immense potential for transformation. With a gross private area of 106 m2, a clear separation between the social and private areas, large windows, built-in wardrobes and a kitchen with laundry area, this space easily adapts to all types of families. The apartment also includes a parking space. The condominium also has a concierge service and has already invested in the rehabilitation of the roof, facades, elevators and water columns. The location is strategic. Next to Areeiro and a few steps from all the shops and services in the area, the apartment is located in front of Olaias Shopping, where it has a supermarket, shops, restaurants and other services. In the surroundings there are also banks, schools and several commercial and restaurant establishments. The Olaias metro station is just a few meters away, while access to the airport, Parque das Nações and the center of Lisbon is quick and easy. Come and discover the potential of this property. Contact us for more details. #ref:CB03-1547

$3,338/mo

Est. mortgage payment based on a $501,676 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
YQXL9P
Available since
August 25, 2026

Interior Features

Bedrooms
2
Bathrooms
1
Basement
No

 

Courtesy of Andrea Bettencourt

Based on information from DASH - Coldwell Banker (CB) as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 6:55 AM UTC, 10/16/2026

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