Unique investment opportunity at Praça da Figueira – Lisbon
There are properties... and then there are opportunities that rarely appear on the market. In the heart of Lisbon, at the prestigious Praça da Figueira, specifically on Rua dos Fanqueiros, lies this truly exclusive property, ideal for investors seeking a project with high potential for appreciation and profitability.
Unique investment opportunity at Praça da Figueira – Lisbon
There are properties... and then there are opportunities that rarely appear on the market. In the heart of Lisbon, at the prestigious Praça da Figueira, specifically on Rua dos Fanqueiros, lies this truly exclusive property, ideal for investors seeking a project with high potential for appreciation and profitability.
Located on the 2nd floor of a historic building, the property currently has no elevator, but the quota for its future installation has already been secured and paid by the current owner.
The property is currently designated for commercial use and is sold with significant added value: it includes an architectural project to create an elegant three-bedroom apartment (T3), featuring three suites, designed for the premium segment.
Another major highlight is that the owner holds a transferable Local Accommodation license, offering an excellent opportunity for those looking to invest in Lisbon’s tourism market.
The property is currently in a state of ruin and requires a complete renovation, allowing the future owner to develop a project almost from scratch and create an exclusive product in one of the city’s most sought-after locations.
If you are looking for a distinctive investment with an excellent location, approved project, and great potential for appreciation and profitability, this could be the right opportunity.
Important information:
The property is currently designated for commercial use.
According to the Land Registry, the property was registered before 1951, and an exemption request has been submitted to the city council.
Changing the designation to residential use will be the responsibility of the owner.
The owner commits to providing support in submitting the necessary project for the change of use process.
The property is in a state of ruin and requires complete renovation.
Bank financing is not possible due to the current commercial designation.
The deed will be executed under the Urban Simplex regime, according to current legislation.
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