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Land with Approved Project

Lisbon

Lisbon

€440,000

Property Description

We present a rare investment opportunity in the historic heart of Lisbon: a 103.5 m² urban plot located in the iconic Quinta do Ferro area, next to Graça—one of the city's districts with the greatest potential for urban renewal and appreciation.

Situated in a traditional Lisbon neighborhood undergoing significant urban transformation, this property is part of a comprehensive urban regeneration plan, benefiting from the Lisbon City Council's strong commitment to revitalizing and modernizing the surrounding area.

With an approved PIP (Prior Information Request), this plot allows for the development of a 3-story building with a total construction area of ​​175.62 m², offering a solid foundation for a residential project or a high-yield investment.

Approved project details:
• Plot area: 103.5 m²
• Building footprint: 49.84 m²
• Construction area: 175.62 m²
• Outdoor area (patio/yard): 28.73 m²
• 3 stories above street level
• Facade height: 8.12 m
• Total building height: 9.45 m

The plot currently contains two structures in a state of ruin, allowing for a redevelopment project aligned with the area's new urban dynamics.

Located within an ARU (Urban Rehabilitation Area), this investment benefits from tax advantages and incentives linked to urban renewal, making it particularly attractive to developers and investors with an eye on the Lisbon market.

Just minutes away from some of the city's most iconic landmarks:
• Largo da Graça
• National Pantheon (Panteão Nacional)
• Feira da Ladra (Flea Market)
• Santa Apolónia Station
• Alfama
• Praça do Comércio

An opportunity to invest in an authentic, historic area experiencing strong appreciation, where tradition and urban renewal converge to create future value.

Ideal for investors, developers, or private individuals looking to establish a presence in one of Lisbon's next major growth areas.

Property Details

Price: €440,000
Size: 103.5m2
Price per m2: €4251

Extras

Project Approved

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Contact Us:

Boutique@mcpportugal.com

Portugal:  +351.210.509.154

Mobile:      +351.960.154.564

USA:            +1.888.433.5176

 

Office:
Rua de Sao Bernardo n34C 

1200-825  Lisboa, Portugal

Business hours:

Monday to Friday 10am to 7pm

We are a Portuguese company with an international team that can help you through the entire purchase process from A to Z. With our extensive local knowledge of the property market we specialize in finding good property options for investment or living and retirement to Portugal. We also do renovations and design along with property management. Our company does it all. We are a one stop shop for our clients.

Copyright © MOJO Concierge Properies, 2017. All rights reserved.

Disclaimer:
All data and information set forth on this website regarding real estate property for sale, are from sources regarded as reliable. No warranties are made as to the accuracy of any descriptions and/or other details, and such information is subject to errors, omissions, changes of price, commissions, prior sales, leases or financing, or withdrawal without notice. Square meters are approximate and may be verified by consulting a professional architect or engineer. Customers should seek advice and proper legal counsel with respect to all closing costs, timing considerations, financing options, default provisions, zoning implications, property use rights, renovation considerations and appropriate transfer taxes.

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