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€ 1,290,000

5 room luxury House for sale in São Vicente, Portugal

€ 1,290,000
405 m² 4 5

Description

A Unique Property and Investment Opportunity in One of Lisbon's Most Authentic Locations

Set in the heart of Campo de Santa Clara, just steps away from the majestic National Pantheon, the Monastery of Sao Vicente de Fora, and the iconic Feira da Ladra, this ruined building offers significant potential for value appreciation in a highly sought-after historic and culturally vibrant area of Lisbon.

Located on a plot of 81 m², currently held in full ownership, the building features three floors and a rectangular layout. It benefits from an approved Preliminary Information Request (PIP) from Lisbon City Council, valid until April 2027, allowing for the addition of two extra floors, for a total gross construction area of 415 m².

The property is in an advanced state of disrepair, with the interior entirely gutted and no floor slabs remaining, offering complete design flexibility. Part of the roof has already collapsed, requiring a full-scale rehabilitation and expansion.

Despite its condition, the property stands out for the organic composition of its main facade, featuring traditional stone-framed openings and architectural details that will lend authenticity and character to any future project.

From the second floor, it is possible to enjoy panoramic views over the city and the Tagus Rivera rare and valuable feature.

This is an excellent opportunity for investors or developers looking to engage in urban regeneration in one of Lisbon's most desirable historic neighborhoods. With growing demand for distinctive homes and the area's recognition as a cultural hotspot, the potential for capital appreciation is evident.

Plot Area: 81 m²
Total Construction Area: 405 m²
Total Floor Surface: 343 m²


DE BRITO PROPERTIES is a family-owned real estate agency specializing in sourcing exceptional properties across Portugal for discerning clients, streamlining every step of the investment and relocation process with security and care.
Energy Rating: Exempt

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Details

Rooms:
5
Bedrooms:
5
Bathrooms:
4
Size:
405 m²
Reference:
NF011

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Position