Single Family Detached Benfica

Some say that €900,000 for a house is expensive... but €900,000 for a 330m2 house is €2,700 per m2... Now invest up to €300,000 in renovations and in the end, you get a €[hidden information] house with 330m2 tailored to your needs. That’s less than €3,700/m2... still think it’s expensive?

Consider the following data:

Prices per m2 in Benfica:
- Properties for total or partial renovation: €2,700/m2 to €4,000/m2;
- Renovated properties: €5,500/m2 to €8,500/m2;
- Luxury development, Garridas: €6,800/m2 to €8,500/m2;

More than just a house to renovate, this is an opportunity to create an almost new home in one of Lisbon’s most sought-after residential areas. Located in the Bairro de Santa Cruz, Benfica, this detached house has 330 m² of gross construction area, a private garden, and outdoor parking, on a 327.5 m² plot.

The property is sold as is but already includes an architectural study and a renovation estimate that allow the future owner to visualize the house’s transformation potential. The developed project plans a complete reorganization of the spaces, creating a contemporary home with:

• Spacious open-plan social area;
• Kitchen with central island;
• Separate living and dining rooms;
• Office and bedroom with en-suite on the ground floor;
• 3 suites;
• 3 additional bedrooms;
• 5 bathrooms;
• Walk-in closet in the master suite;
• Garden with space to create a lounge area and pool.

The full renovation estimate includes structural interior renewal, new electrical, water, and sewage systems, double-glazed windows, kitchen, bathrooms, flooring, roof, and facade.

The major advantage of this opportunity is the possibility to buy the house, customize finishes, and create a high-quality residence for a total investment potentially lower than the market value of equivalent renovated homes in the same area.

Main Features:
- House with 330 m² gross construction area
- 327.5 m² plot
- Private garden
- Outdoor parking
- Architectural project already developed
- Possibility of 6 bedrooms and 3 suites
- Excellent sunlight exposure
- Potential for a pool
- Established residential area
- Just minutes from Colombo Shopping Center, Hospital da Luz, schools, services, local shops, and road access

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Living in Santa Cruz de Benfica:
The Bairro de Santa Cruz is one of the most traditional residential areas in Benfica, known for its family atmosphere, tree-lined streets, and proximity to all kinds of services. Here you find the balance between the tranquility of a residential neighborhood and the convenience of living just minutes from downtown Lisbon.

A rare opportunity for those seeking space, customization, and appreciation potential in a well-established location.