Description
Building for Rehabilitation in the Center of Loures
Discover this property with great potential, located in the heart of Loures. With a privileged location, it offers easy access to a wide range of services and amenities.
Currently consisting of five bedrooms on the ground floor and two additional rooms in the basement, the building presents itself as an excellent opportunity for those who want to remodel to their liking, making the most of the existing area.
Whether for own housing or for investment with guaranteed return, this property represents an opportunity not to be missed.
Additionally, there is the possibility of constructing a new building on the site, further increasing its value and profitability potential.
Potential for Building Multiple Fractions
The strategic location in the heart of the historic and central area combined with the possibility of expanding the construction, makes this property especially attractive for real estate developers, investors or individuals who want to develop a project with a safe return.
According to the urban parameters defined by the Municipal Master Plan (PDM) of Loures, namely for areas of mixed urban consolidation or medium-density housing, this property may allow:
Construction up to 3 to 4 floors above the threshold level (depending on the existing facade and alignments of the surroundings);
Possibility of 3 to 6 housing units, depending on the architectural project and the intended typology (T1/T2);
The rehabilitation of the existing building, with the possibility of vertical expansion or use of the attic/basement, with the approval of the city council.
About the Zone:
Rua da Republica is one of the main arteries of Loures with a strong residential and commercial component. The area is served by an excellent public transport network, proximity to schools, health services, traditional shops, banks and restaurants. A few minutes from Loureshopping, access to the A8, A9 (CREL), IC22 and CRIL, with a quick connection to Lisbon and the airport.
This is an area in growing appreciation, integrated in the Urban Rehabilitation Area (ARU) of Loures, which can allow access to tax benefits and financial support for rehabilitation (exemption from IMI, VAT at the reduced rate, among others).
Summary of Potentialities:
Implantation area: 132 m²
Privileged location in the centre of Loures
Possibility to build up to 3/4 floors
Potential for multiple fractions (T1 or T2)
Ideal for urban rehabilitation with tax incentives
Excellent future profitability
Don't miss this opportunity to transform this property into a modern and profitable project in the centre of Loures.
Energy Rating: Exempt
