Ruin with Approved Project Next to Palácio Nacional da Ajuda

Engel & Völkers presents an exceptional opportunity in Lisbon’s historic Ajuda district! Nestled in one of Lisbon’s most charming and culturally rich neighborhoods, this exclusive property is situated next to the iconic Palácio Nacional da Ajuda, a true architectural and historical gem. Currently a warehouse set on a 314 sqm plot, the property boasts an approved by the Lisbon City Council project, offering the chance to build a luxurious 5-story contemporary villa of 465sqm, that seamlessly blends modern design, comfort, and elegance. The approved project includes: 4 spacious bedrooms and 5 bathrooms, thoughtfully designed to ensure comfort and functionality. An impressive open-plan social area with double-height ceilings, combining the living room and kitchen into a luminous and expansive space—ideal for family gatherings and entertaining guests. A versatile mezzanine office space, perfectly suited for those who work from home, providing a harmonious balance between productivity and relaxation. A luxurious private garden, complemented by a swimming pool and jacuzzi for outdoor leisure. A dedicated garage with private parking for added convenience. A modern lift servicing all levels, ensuring ease of access and sophistication throughout the home. The property’s unique positioning ensures total privacy: the adjacent street to the East side is located several stories lower, allowing for unobstructed tranquility and exclusivity on both sides of the lot. Don’t miss this rare opportunity to build your perfect villa in one of Lisbon’s most sought-after locations. Contact Engel & Völkers today for more information—your dream home begins here!