History

  • Employment rate: 45,85 %
  • Unemployment rate: 12,85 %
  • Average salary: 1 301 €
  • Median household income: 14 896 €
  • Commuting: 10 %
  • Consumer price index: 122 €
  • Average sales value per m2: 3 096 €
  • Average sales value per m2 T1: 3 316 €
  • Average sales value per m2 T2: 2 885 €
  • Average sales value per m2 T3: 3 991 €
  • Average rental value per m2: 14 €
  • Cost per restaurant meal: 148 €
  • Medium supermarket basket: 136 €
  • Transport cost: 118 €
  • Average annual temperature: 18 ℃
  • Buildings With Wheelchair Accessibility: 23,25 %
Disclaimer: Data sourced from INE. Information subject to change.

Beato traces its roots to the Industrial Revolution in Portugal, with the establishment of various factories and industries throughout the 19th century. Originally a rural area, it evolved into a vital industrial center for Lisbon's economy.

Transformation and Development

In recent years, Beato has undergone significant urban transformation. Old factories have been revitalized into cultural spaces, offices, and residences, attracting a creative community and young entrepreneurs.

Architecture and Urban Landscape

Beato's architecture blends old industrial warehouses with new modern developments. The nearby riverside offers panoramic views of the Tagus River, while renovated warehouses now house art galleries, design studios, and trendy cafes.

Culture and Community

Beato is known for its vibrant cultural scene, with artistic events, music festivals, and gastronomy fairs that reflect the diversity of the local community. The presence of startups and tech companies also contributes to the neighborhood's dynamism.

Quality of Life

With a transforming environment, Beato offers an improving quality of life with new infrastructure, green spaces, and everyday amenities. Its proximity to central Lisbon and easy access to public transportation are additional advantages.

Challenges and Future

Challenges include balancing urban development with preserving Beato's industrial and cultural heritage. Sustainable revitalization plans are essential to ensure the neighborhood continues to thrive without losing its unique identity.

Conclusion

In summary, Beato is a rising neighborhood in Lisbon, undergoing significant transformation that combines industrial heritage with contemporary innovation. With its vibrant atmosphere, diverse culture, and growth potential, Beato represents one of the most interesting and promising destinations in the Portuguese capital.