Building With Architectural Licensing Project Approved For 12 Apartments

Excellent investment opportunity!
Building in ruins for total refurbishment with an approved project - PIP for a building with 12 dwellings, a total gross construction area of 2.802sqm, of which 1.634sqm of construction above ground and 1.139 sqm below ground. The plot has 350sqm and is located according to the new PDM in a “Central and Residential Area - Consolidated Urban Layout B”, in one of the main streets of Avenidas Novas.
In addition, this plot is located at the end of a block, which gives it three façades, with the possibility of openings.
The architectural licensing project includes three one-bedroom apartments, four two-bedroom apartments and five three-bedroom apartments, spread over five floors above ground and twenty-one parking spaces, the vast majority of which are boxes or open spaces with storage for bicycles, on floors -1, -2 and -3.
On the ground floor, in addition to the entrances for people and cars, there are also three one-bedroom apartments, a condominium room and a service area.
From the first to the fourth floor, there are two apartments per floor, a 2-bedroom and a 3-bedroom, forming a typical left/right relationship. On the fifth and last floor, the largest apartment is planned, with a T3 + 1 type, enjoying a large terrace to which all the rooms open.
Contact us for more information on the licensed architectural project, floor plans, description, don’t miss out on the opportunity to invest in the heart of Lisbon!

As Lisbon grew in the mid-20th century, it expanded north, away from the river. Residential and business districts were born around long, broad avenues, today collectively known as Avenidas Novas (”New Avenues”). Originally many palatial mansions lined these avenues. Most who visit Lisbon will go through it to reach some of the city’s best museums (the Gulbenkian is not to be missed), and many will also be making it their home, as a large number of the city’s hotels are located here. In between it all there are some excellent restaurants to look for, as well as the city’s most popular shopping malls. Areas very well served by transports, services, commerce, schools and only five minutes from the Lisbon airport, and good accesses to the main roads, leading to all points of the city or to exit Lisbon North/South.