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€ 850,000

Luxury apartment complex for sale in Beato António, Portugal

€ 850,000
707 m²

Description

Building with a PIP (Request for Prior Approval) approved for 707 sqm of gross construction area. The project shown in the photos requires only one piece of information to be submitted to the Lisbon City Council (CML) at least 5 days before the start of construction work, in accordance with Article 80-A(1) of the RJUE.

In recent years, Beato has undergone an urban revitalization process. Old industrial buildings have been transformed into creative spaces and startups, such as the Hub Criativo do Beato, a large innovation center attracting tech and creative companies. This movement is driving the development of the area, making it increasingly attractive to young professionals, investors, and businesses.

The third bridge over the Tejo is located between Chelas (very close to Beato) and Barreiro, on the south bank. This project will directly benefit this area of the city, making it a strategic point for road and rail traffic.
The real estate market in Beato is growing, but it can still offer a good balance between price and value compared to more expensive areas of Lisbon, like Baixa or Chiado.

Beato is well-located, close to the riverside area of the Tagus, offering pleasant views and easy access to more central areas of the city. It is near neighborhoods like Marvila, another area undergoing transformation, and it is well-served by public transport. It is also a short distance from popular areas such as Parque das Nacoes and Alfama. A bike lane that will connect Parque das Nacoes to the center of Lisbon is already under construction
10 minutes car distance from Lisbon Airport.

Currently, Beato attracts a diverse audience, including:
Young professionals looking for more affordable properties than in the city center.
Investors, particularly in the tech and creative sectors, drawn by the growth of the Hub Criativo and urban revitalization.
Families who want to live in a quieter area but still well-connected to other parts of the city.

LOOKX
Welcome to LOOKX Properties, where luxury and exclusivity meet. Specializing in prestigious properties in premium destinations such as Portugal, Dubai, Luxembourg, France, and beyond, we connect discerning clients with extraordinary residences and world-class investments. With a carefully curated portfolio and personalized service, we are here to make your real estate dreams a reality.
Lookx Properties shares business with all real estate networks.
Energy Rating: Exempt

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Details

Size:
707 m²
Reference:
PT003-5

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Position