Lisboa, Portugal

Land, Bedrooms • 2,480,000 €

Plot of land with approved project and licenses under payment for the construction of 2,500 sqm of housing, distributed by 25 units with garage and elevator, in a location with big potential for future appreciation, on Avenida Afonso III, Penha de França, in Lisbon.The 25 units comprise studio to 3-bedroom duplex apartments, with a view of the River Tagus near Santa Apolónia station.Product integrated in the Penha de França parish in an urban area undergoing a significant development in terms of new construction and rehabilitation, where the value of a new product compared to the proximity to the city centre is the most attractive in Lisbon. The April 2021 Detail Plan foresees the increase and rehabilitation of the residential function with the integration of new buildings into the urban landscape, which makes this product a unique investment opportunity.

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