Description
Unique investment opportunity in one of Lisbon's most iconic locations - Avenida 24 de Julho - offering privileged views over the Tagus River. This building for renovation sits on a 1,250 m² plot and benefits from an already approved project that combines residential, commercial, and service spaces, with an architectural approach that respects the historic identity of the surrounding area.
Property Features:
> Total plot area: 1,250 m²
> Building footprint: 850 m²
> Number of floors: 4 above ground + 1 basement level
> Annex building of approximately 600 m²
> Approved project with 3,500 m² Gross Built Area (GBA)
- Residential area: 7 apartments totaling around 1,800 m²
- Commercial/service area: approximately 1,700 m²
Project Layout:
> Ground Floor: two commercial/service spaces with independent access from the main facade.
> First Floor (elevation 5.75 m): main access to residential units via No. 96 Avenida 24 de Julho, featuring a vertical circulation core (elevator and stairs) up to the Third Floor (elevation 12.90 m).
> Upper Floors: residential units ranging from T1 to T3 typologies, offering generous spaces and excellent natural light exposure.
> Courtyard: following demolition of existing structures, the free area will measure 438.05 m².
Potential and Added Value:
> The project preserves the original volume and facade, aligned with adjacent buildings, facilitating urban integration and municipal approval.
> Prime riverside location with high heritage value and strong demand from residents and investors.
> Excellent accessibility and proximity to transport, restaurants, shops, and services.
For more information or to schedule a visit, please contact us. This is a rare investment opportunity in one of Lisbon's most exclusive areas.
Energy Rating: G
