Lisbon, Lisbon, Portugal

Charming corner building with wrought-iron balconies and an approved project for 16 apartments, located in the prestigious parish of Estrela, Lisbon. The project includes two lifts, sixteen apartments (eight one-bedroom and eight two-bedroom units), and three retail spaces, offering a rare opportunity in one of the city’s most sought-after areas.

This distinguished property features high ceilings, excellent sunlight exposure (south and west), and two independent entrances. Currently vacant, it sits within an Urban Rehabilitation Area (ARU Zone), a neighbourhood undergoing significant transformation, regeneration, and appreciation.


PROJECT OVERVIEW:

Plot area: 412m².
Building footprint: 349m².
Patio: 54m².
Floors above ground: 5.
Total Gross Private Area: 1,584m².
Composition: 16 apartments (8 T1 + 8 T2) & 3 retail units.


FLOOR DISTRIBUTION:

Floor 1 (316m² GFA).
Three retail units: 55m², 100m² and 103m².

Floor 2 (315m² GFA).
Two T1 apartments: 56m² and 55m².
Two T2 apartments: 76m² and 94m².

Floor 3 (337m² GFA).
Two T1 apartments: 55m² and 78m².
Two T2 apartments: 76m² and 94m².

Floor 4 (308m² GFA).
Two T1 apartments: 53m² each.
Two T2 apartments: 74m² and 94m².

Floor 5 (308m² GFA).
Two T1 apartments: 53m² each.
Two T2 apartments: 74m² and 94m².

The building is ideally situated near key landmarks such as the Lisboan International School, CUF Tejo Private Hospital, Avenida 24 de Julho, Avenida de Ceuta, and Avenida Infante Santo. Other nearby highlights include Praça da Armada, the Ministry of Foreign Affairs, Palácio das Necessidades, Tapada das Necessidades, LX Factory, the Docas de Santo Amaro dining area, and the River Tagus.

Excellent transport links make this property highly accessible. The future Alcântara metro station will be right at the doorstep, complemented by Alcântara-Terra and Alcântara-Mar train stations. The Cascais coastal road, 25 de Abril Bridge, A5 and A2 South motorways, and other main routes are all close by. Lisbon International Airport is just 12 kilometres away.

This property represents a unique investment in a vibrant, dynamic area of Lisbon that is currently undergoing substantial urban renewal. Situated in a well-established district with high potential for rental income and long-term appreciation, it offers an outstanding opportunity for investors seeking security, growth, and prestige in one of Lisbon’s most emblematic neighbourhoods.