Building for sale in Lisboa

Vacant Building with Approved PIP for Two Apartments or a Single-Family Home

This unique property, located in the prestigious Lapa area, just steps from Jardim da Estrela and Basílica da Estrela, has an approved PIP for the construction of two apartments (T1 and T3 Duplex). The approved volume also allows for adaptation into a spacious single-family home.

The architectural project, designed by the renowned Pardal Monteiro Architects, includes:

• T1 Apartment on the ground floor, with 65m² of private gross area.
• T3 Duplex Apartment, spread across the first and second floors, with a private gross area of 161m².
• Total approved area of 236m², including 10m² of interior common areas.

Currently, the building consists of two floors and four apartments (two on the ground floor and two on the first floor), totaling a gross area of 171m² (86m² per floor). The existing ceiling height is 2.90m, and the solar exposure is west/northeast. While the property does not include a garage, there is potential to excavate and build an underground parking space with elevator access.

Whether maintaining the approved layout or transforming it into an elegant single-family home, this property represents an exceptional investment opportunity in one of Lisbon’s most sought-after areas.

Its prime location offers easy access to Campo de Ourique, the Swiss Embassy, and the exclusive Jardins da Estrela condominium. Additionally, the new metro station will be just a five-minute walk away, ensuring excellent connectivity. The surrounding area offers a wide range of cafés, restaurants, shops, and services.

Lapa is one of the most iconic districts in the city, known for its peaceful and family-friendly atmosphere, tree-lined streets, historic mansions, and embassies. Jardim da Estrela is one of Lisbon’s most charming green spaces, while Basílica da Estrela stands out for its stunning architecture.

Furthermore, the property is close to prime neighborhoods such as Amoreiras, Campo de Ourique, Príncipe Real, and Chiado, as well as prestigious schools like Escola Josefa de Óbidos, Salesian School, and Redbridge International School.

An unmissable opportunity for those seeking a prestigious property in Lisbon.