Description
Estate for full reconstruction, located on a quiet and secluded street in the heart of Lisbon, with easy access to all types of shops and services, schools, and a wide range of public transport options.
This property, with 533 sqm of gross private area on a 713 sqm plot, represents a good investment opportunity, with significant potential for appreciation and multiple development possibilities:
Possibility to build two single-family houses, ideal for private residence or resale;
Renovation and monetisation of the existing building through rental;
Development of a private condominium, taking advantage of the location and available area.
Situated in one of Lisbon's neighbourhoods with high potential for urban regeneration, this property directly benefits from the major urban redevelopment project of Quinta do Ferro, currently underway by the Lisbon City Council (CML), which will ensure sustained appreciation of the surrounding area in the coming years.
Features:
- 713 sqm plot in central Lisbon
- 533 sqm gross private area
- Private and quiet street
- High potential for appreciation
- Excellent short- and medium-term investment opportunity
- Suitable for full reconstruction
Sao Vicente has a prime location which extends over Bairro de Alfama and Bairro da Graca, known for their typically Lisbon lifestyle. With a very diversified and rich history, this neighbourhood has fado establishments, little bakeries, groceries, traditional shops, the mythical Feira da Ladra flea market and restaurants offering traditional gastronomy.
In the vicinity are leisure and cultural zones such as the National Pantheon, Sinel de Cordes Palace, the Fado Museum, Ribeira Grande Municipal Museum and belvederes of Graca and Senhora do Monte with views over the city.
Enormous transport network, namely the mythical tram number 28, buses and a short distance from Santa Apolonia train station, close to Gil Vicente Elementary and Secondary School and Dom Pedro IV nursery school.
Excellent access to Humberto Delgado International Airport and 30 minutes from Cascais train line.
Energy Rating: Exempt
