From the 16th century onward, Lapa became home to palaces and estates built by noble families and prosperous merchants, later attracting the Portuguese aristocracy and bourgeoisie throughout the 19th century. In the early 20th century, embassies and diplomatic residences settled here, shaping the discreet, international character Lapa retains today.

Known for its graceful architecture, colourful streets and proximity to Santos, Estrela and the Tagus River, Lapa remains one of the most prestigious neighbourhoods in Lisbon, chosen for living rather than passing through.