Edificio Da Ristrutturare Vicino A Bica, Lisbona

Building in need of renovation near Bica, Lisbon, currently with approximately 582 of gross floor area, divided into separate units under the horizontal property regime, with one self-contained unit per floor. This configuration allows the units to be sold separately or the entire building to be renovated. It had an approved architectural project for 9 1-bedroom apartments. The planning permission has expired and will need to be renewed with CML. The 3rd floor is occupied under an old tenancy agreement (rent of 50 €/month). Central location in an established and highly sought-after area of Lisbon, ideal for investors and developers looking for an urban regeneration project. (ref IN-ODI68Y)