Baixa do Chiado

Chiado is one of Lisbon's most iconic and elegant neighborhoods, known for its cosmopolitan atmosphere, vibrant culture, and rich history.

Location

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Employment rate: 49,76 %
Unemployment rate: 13,59 %
Average salary: 1 301 €
Median household income: 14 896 €
Commuting: 10 %
Consumer price index: 122 €

Average sales value per m2: 4 928 €
Average sales value per m2 T1: 4 800 €
Average sales value per m2 T2: 5 060 €
Average sales value per m2 T3: 4 726 €
Average sales value per m2 T4+: €
Average rental value per m2: 18 €

Cost per restaurant meal: 148 €
Medium supermarket basket: 136 €
Transport cost: 118 €
Average annual temperature: 18 ℃
Buildings With Wheelchair Accessibility: 23,5 %

Disclaimer: Data sourced from INE. Information subject to change.

History

Chiado has a history dating back to the 18th century when it became a cultural and intellectual center of Lisbon. It was severely damaged by a devastating fire in 1988 but was meticulously rebuilt while retaining its historical essence.

Architecture and Urban Landscape

Chiado's architecture blends historic buildings with a contemporary atmosphere. Paved streets, elegant squares, and ornate facades create a charming and sophisticated environment. The neighborhood is also renowned for its high-fashion shops, traditional cafes, and old bookstores.

Culture and Leisure

Culturally, Chiado is vibrant, with theaters, art galleries, and museums celebrating Portugal's art and history. It's a place historically frequented by artists and writers, contributing to its reputation as a significant cultural hub.

Commerce and Gastronomy

Commerce in Chiado is diverse, ranging from high-fashion boutiques to local craft shops. Gastronomy offers a mix of traditional Portuguese flavors and international cuisine, with restaurants ranging from traditional taverns to upscale dining establishments.

Quality of Life

Chiado offers an excellent quality of life, with a safe and lively atmosphere day and night. Leisure areas include well-maintained parks like Jardim do Príncipe Real, offering a tranquil retreat in the heart of the city.

Challenges and Future

Despite its popularity and prosperity, Chiado faces typical urban challenges such as balancing tourism with preserving local identity. Sustainable revitalization projects are underway to ensure the neighborhood continues to thrive without losing its historical charm.

Conclusion

In summary, Chiado is a sophisticated and culturally rich neighborhood in Lisbon, where history, art, commerce, and gastronomy harmoniously blend. With its vibrant atmosphere and cultural heritage, Chiado continues to attract residents and visitors alike seeking an authentic experience in the Portuguese capital.