Palazzo Neoclassico A Paço De Arcos, Lisbona

Quinta do Relógio is composed of a Palace, a Clock Tower and several accessory buildings, making up in its entirety about 40 divisions.
The property has several gardens, patios and terraces over the sea.
It has several garages, stables, a staff house, an independent apartment, other storage and a large parking area of vehicles.
Quinta do Relógio has a rectangular shape and an area of about 6,000 m2, with a covered/built area of about 1,600 m2.
The property is all walled, has three gates to Av. Marginal, being possible to open a fourth gate to another road.
In general, the property is in good condition, although some areas require repair works.
According to the Plan for The Protection of Built and Environmental Heritage of the Municipality of Oeiras, Quinta do Relógio is classified as ’Quinta de grau B’, which implies that pre-existing buildings can be expanded and new buildings can be implemented, provided that they respect the characteristics of existing buildings and surrounding areas.
The property is self-catering in water and is connected to the sea by an underground tunnel.

1. INTERPRISE PROJECT, PREVIOUS STUDY (October 2003)
The PDM in force in October 2003 authorized that the construction index for the property (Quinta do Relógio, Paço de Arcos) was 0.48 m2 / m2, resulting in a total covered area of 3,432 m2.
This surface is the sum of the covered surface, already built, plus the one that can be built.
0.48 x 5,500 m2 (+/-) = 2,640 m2
+ 30% of 2,640 m2 = 792 m2 (this addition of 30% is expected if the property is intended for tourist use)
As a result, as mentioned above, a total covered area of 3,432 m2
Thus, 3,432 m2 - 1,709 m2 already built = 1,723 m2 to be built.
However, taking into account that there is a new PDM (dated 2015) and that this Preliminary Study dates from 2003, the PDM may have been subject to some change and these data will necessarily have to be verified and confirmed.
2. BID No. 679/2003, Oeiras City Council
Oeiras Council’s Safeguard Plan for Built and Environmental Heritage
Consult articles nº 13, 16 and 17 referring to new buildings that can be built in this property, classified as Grade B, and in accordance with this Plan of Safeguarding the Built and Environmental Heritage of the Council of Oeiras, which is in force.
If necessary, the referred Legislation in force will be sent, as well as the certification of Quinta do Relógio as IMÓVEL DE VALOR CONCELHIO, Oeiras City Council, Department of Planning and Urban Management, Certificate nº 1806/96.
3. ENGIMIND, CONSULTORES DE ENGENHARIA E PLANEAMENTO, Lda - QUINTA DO RELÓGIO - STUDY OF TRAFFIC AND ROAD SAFETY (April 2009)
Quinta do Relógio has 3 direct entrances to the Estrada Marginal, currently called Rua Costa Pinto.
In April 2009, a study was carried out by Engimind, Transport and Mobility Consultants, which was approved by EP-Estradas de Portugal and by PRP-Prevenção Rodoviária Portuguesa (cf. documents sent), and whose purpose was to obtain authorization official for a 4th professional entry into the property.
4. SUMMARY OF RELEVANT PROPERTY CHARACTERISTICS
1. The property is located on the outskirts of Lisbon, about 20 minutes from the center of the capital (Lisbon) and about 30 minutes from the international airport (roughly 15 km).
2. The property is overlooking the Tagus River and the Atlantic Ocean. It has approximately 150 meters in front of the sea, located at a distance of about 30/40 meters from the Ocean (first line of the sea with total view).
3. In front of the property, it is planned to continue the construction of the Passeio Marítimo (which already reaches the beach of Caxias), at a lower level than the Estada Marginal (see information from Oeiras City Council).
4. The property comprises a Palace, a Staff House, 4 Garages, a Stable for 6 horses and a Clock Tower, with a total of about 40 rooms.
5. The property is completely walled, is currently self-sufficient in water and has built an aqueduct for rainwater that passes under the Estrada Marginal (today called Rua Costa Pinto) and that goes to the sea.
6. The property, at this moment, is exempt from paying taxes, namely from the IMI (Municipal Property Tax) and from the IMT (cf. Municipal Tax Code on Onerous Transmissions of Property, art. 6 Exemptions, g, Finance Portal 2016). Now, with the exemption from this tax, the purchasing entity saves, right from the start, about € 1,000,000 (Document and amount to be confirmed).
7. The property is also exempt from any type of charges, bank, tax or other.
8. The property was completed in 1860, under the direction of architect Cinatti de Siena, and was the summer residence of His Royal Highness D. Fernando II of Portugal (son of Prince D. Fernando de Saxe-Coburg-Gotha and second husband of Queen Maria II of Portugal).