Building with approved permits to construct 12 apartments

€4,968,000
  • ~2,774 m² Total surface
  • ~350 m² Plot surface
  • Construction year 1959

Description

Excellent Investment Opportunity!

Building for total demolition with an approved and construction permit for a building with 12 units and a total gross construction area of 2,802 m², of which 1,656 m² is above ground and 1,139 m² below ground. The corner plot has 350 m² and, under the new Municipal Master Plan, is located in “Central and Residential Area – Consolidated Urban Layout B,” right in the center of Avenidas Novas.

In addition, this plot is situated at the end of a block, giving it exposure on three façades, with the possibility of installing windows and other openings.

The architectural licensing project includes three one-bedroom apartments, four two-bedroom apartments and five three-bedroom apartments, distributed over 6 above-ground floors, as well as twenty-one parking spaces, most of them in boxes or open spaces with storage areas, including bicycle storage, on floors -1, -2 and -3.

On floor 0, in addition to the pedestrian and vehicle entrances, which will be accessed from two different streets, the three one-bedroom apartments, the condominium room and the service area are also planned.

From the first to the fourth floor, there are two apartments per floor—one two-bedroom and one three-bedroom—arranged in the typical left/right configuration. On the fifth and top floor, the largest apartment is planned: a three-bedroom-plus-one apartment, enjoying a large terrace to which all rooms open.

Contact us for more information about the licensed architectural project, floor plans, descriptive memorandum and specialist engineering projects. Don’t miss the opportunity to invest in the heart of Lisbon!

Features
BalconyPatioTerraceElevator
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Engel & Völkers Lisboa MMC

Your advisor: Liliana Pereira

Property ID: W-02XJZ1

Property details
  • Object type

    Investment

  • Number of Floors

    9

  • Parking spaces

    21

  • Total surface

    ~2,774 m²

  • Plot surface

    ~350 m²

Energy efficiency information
  • Construction year

    1959

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Lisbon, Portugal

When Lisbon expanded in the mid-20th century, it did so northward, away from the river, creating residential and business areas along long avenues. These became known as “the new avenues,” where beautiful mansions were originally built. Some of the original buildings still survive. Many visitors to Lisbon pass through here on their way to some of the city’s finest museums (the Calouste Gulbenkian Museum is unmissable), and many end up staying in the area, as a large number of the capital’s hotels are located here. Amid all this, there are also several outstanding restaurants and the most popular shopping centres. The area is well served by public transport, services, shops and schools, and is just 5 minutes from the airport, with easy access to the main roads leading to all parts of the city or north and south beyond it.

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