Project Description

Vale Pereiro

Azul Tasso – Imobiliária SA has recently launched construction to transform an Office building originally built in the 80’s comprising retail space at the ground floor, plus four floors and underground parking garage with two levels, onto a fully residential project featuring 13 exclusive units.

The property is located near Largo do Rato, adjoin Lisbon Old Town. It is very centrally located between Rua Alexandre Herculano and Rua do Salitre, the surrounding area comprises varied stores, banks, post office, public transport (metro and buses).

It is served by excellent road access, especially from the Praça Marquês de Pombal where one finds links to the various Lisbon way-outs, such as the 25 de Abril Bridge, to the south bank of the Tagus by the motorway A2, Lisbon-Cascais motorway (A5), A8 motorway, the IC19 to Sintra and Lisbon North-South road axis.

The building located on Rua Vale do Pereiro, nºs 16 to 20, offers a total of 13 Apartments and two basement levels for parking.

The architecture project was developed in cooperation with NOMOS a leading Swiss architecture office. Construction works started in the first quarter 2019, with completion expected for the second quarter 2020.

A complete overhaul of the interior and the exterior will be undertaken providing new apartments complying to the highest construction standards and with all modern amenities. 

The façades will be claded in “Cobalt Blue” glazed ceramic tiles in the traditional 14x14cm size, the “azulejo” tile is one of the most distinctive marks of the Portuguese culture. Cobalt blue was the primary pigment used in Portuguese blue and white porcelain tiles for centuries, beginning in the late 17th century and driving inspiration from chinese porcelain.

This project features a wide range of apartment sizes, from 65m² one-bedroom apartments to 176 m² three bedrooms, including two large penthouses and two ground-floor apartments with private garden. Interior finishing have combined palette of “Red Lioz” Stone, Ceramics and Built-in furniture and floor-to-ceiling doors in “Chocolat Brown” Valchromat, or MDF Lacquered in white. The floor pavements will feature a unique custom-tailored stone pattern using Red Lioz from historical quarry on 60×60 cm engineered terrazzo tiles. 

More information on

Property Type: Residential
Street:  Rua do Vale de Pereiro 16-20
Zip code/City:  1250-271 Lisboa
Number of apartments:  13
Parking spaces:  22