$864,888

Two Versatile Units In Central Lisbon 250m² With Services Use And Residential Conversion Potential

  • 2 Baths
  • 2,691 Sqft
  • 3,176 Sqft lot
  • Updated: August 5
  • 3
    Views for last 30 days

About the Property

Located in central Lisbon, this investment opportunity comprises two independent units with areas of 160sqm and 90sqm respectively. Their central location and generous dimensions offer considerable versatility for investors, companies or private buyers looking for a property with multiple possible uses. The two units originally had different purposes. One was intended for residential use, while th
Located in central Lisbon, this investment opportunity comprises two independent units with areas of 160sqm and 90sqm respectively. Their central location and generous dimensions offer considerable versatility for investors, companies or private buyers looking for a property with multiple possible uses. The two units originally had different purposes. One was intended for residential use, while the other operated as a workshop. Both units currently hold a licence for services use, allowing this existing use to continue without requiring a change of purpose. For buyers seeking a residential solution, there is also the possibility of changing the current use to residential, subject to the submission and approval of the relevant project by Lisbon City Council. This possibility increases the property’s flexibility and potential, allowing the future owner to adapt the units to a specific investment strategy and to current market demand. The 160sqm unit provides a generous area suitable for the creation of a spacious and functional environment, while the 90sqm unit offers an equally attractive size for a variety of concepts. The two units may remain independent or be integrated into a broader project, depending on the intended use. The central Lisbon location represents one of the property’s main advantages. The surrounding area benefits from close proximity to shops, services, restaurants, cultural facilities and public transport, providing a privileged setting for both professional activity and potential residential use. The possibility of maintaining the current services use or considering conversion to residential use gives this property strong potential for appreciation. It represents an attractive solution for investors, businesses or private buyers looking for a centrally located property with substantial areas and the flexibility to accommodate different projects. Any change of use remains subject to the submission and approval of the relevant project and compliance with all applicable regulations and requirements established by the competent authorities. (ref PD-062537)
  • Property type

    Apartment

  • Year built

    1983

  • Price/sqft

    $321

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Arroios, Lisbon, Portugal View on Google Maps
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Lisboa, Portugal
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Last updated
August 5
First listed
Aug 5
Listing reference
-11974205391
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