Pt Terreno Com Estudio/Projeto Para 5 Moradias Com Informação Previa Favorável Já Obtida Marvila, L

Land Plot with Study/Project for 5 Townhouses with Prior Approval Granted - Marvila, Lisbon / 1,090sqm

Investment and Construction Opportunity in Marvila

Urban property with a 1,090sqm plot located on Rua de Marvila, in the parish of Marvila—one of Lisbon’s waterfront neighborhoods undergoing significant transformation and value increase in recent years. It is known for its proximity to the Tagus River, emerging cultural and creative scene, and excellent connections to the city center.

The property currently consists of a set of industrial warehouses and is based on an architectural project that received, in 2024, favorable prior information approval from the Lisbon City Council for demolition, reconstruction, and expansion of the building. The project proposes a residential complex of 5 townhouses (3 and 4-bedroom types), distributed over a basement, ground floor, and first floor, each with private gardens and terraces.

This favorable opinion confirms the urban planning feasibility with the municipality, providing a solid foundation for a new licensing application.

Key Features of the Proposed Project:
• Residential construction area: approximately 1,160.90sqm
• 5 autonomous units (townhouses), each with a private garden/patio
• Private underground parking: approximately 747sqm, with 13 parking spaces
• Outdoor/garden area: approximately 394sqm
• Planned finishes: traditional roof tiles, lacquered aluminum window frames with thermal break and double glazing, Lioz limestone stonework, Corten steel cladding, external thermal insulation system (Capoto)

Location
Rua de Marvila, parish of Marvila, municipality of Lisbon—a rapidly growing area with easy access to public transport, Avenida Infante Dom Henrique, and Lisbon’s eastern waterfront (Beato, Poço do Bispo, Parque das Nações).

Marvila is currently experiencing the largest urban intervention in the capital since Expo 98: in July 2026, the Lisbon City Council approved the Matinha subdivision plan, a mega-project by developer VIC Properties (also responsible for Prata Riverside Village) that will completely transform the eastern waterfront.

The plan includes:
• Demolition of the Avenida Marechal Gomes da Costa viaduct
• Creation of a new road axis directly connecting Marvila to Parque das Nações
• Over one kilometer of new green spaces along the Tagus River
• Construction of 771 new residential units across 22 plots, totaling over 123,000sqm of construction area

Works are scheduled to start in 2027, consolidating Marvila as one of Lisbon’s most dynamic and valuable areas in the coming years—greatly enhancing the investment potential of this land.

Alongside Matinha, there is a second major renewal project for the area: as part of the National Investment Plan (PNI2030), Infraestruturas de Portugal is working on quadrupling the Linha de Cintura railway line between Roma/Areeiro and Braço de Prata.

This project includes:
• Construction of a new Marvila Halt (Apeadeiro de Marvila)
• New stations at Chelas/Olaias (with Metro interchange)
• Renovation of Braço de Prata station

This is an estimated €110 million investment. The public tender for engineering design was launched in 2021, but there is no recent public confirmation (2025/2026) of construction start or updated completion date. Therefore, this should be considered an ongoing project rather than active construction.

This is an excellent opportunity for real estate developers or investors seeking land with a project already technically approved by the City Council, in one of Lisbon’s most sought-after areas for new residential developments.