Building with a privileged location and enormous potential for investors, in Lisbon

São Sebastião da Pedreira, 1050, Avenidas Novas, Lisboa

2.600.000 €
  • 2267 m2

Description

This property offers enormous potential, especially for investors who wish to adapt it to current needs and take advantage of its prime location and versatile uses.

This building is the result of a renovation project that preserved the façade of the original building, which existed until 1988.

It is important to note that the building does not have parking.

The building’s construction areas are distributed as follows:

Ground floor: Gross Construction Area (GCA) of 627m²
Basements: Each with a GCA of 627m²
1st, 2nd, 3rd floors, and attic: Each floor with a GCA of 394m²
In total, the building has a GCA of 2,275m², of which 1,021m² is above ground.

However, due to several setbacks throughout the construction process, the process took over 10 years.

As a result, the final product became outdated in relation to the regulations that emerged during this period, requiring adaptation to current standards to obtain the Usage License.

The original license provided for the floors above the ground floor to be used as offices, while the ground floor and two basements were designed for commercial purposes.

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Location

São Sebastião da Pedreira, 1050, Avenidas Novas, Lisboa

Interested in this exceptional opportunity?

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