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Property description
Discover this property with enormous renovation potential, overlooking the Tagus River, located next to the National Pantheon and Santa Apolnia Station.This property is fully owned, with 650 m of gross area spread over four floors, and is currently completely vacant. The building consists of five units (two studios, two two-bedroom apartments, and one four-bedroom apartment), as well as a commercial space on the ground floor.Currently without an approved project, it offers investors complete freedom to develop different solutions and renovation strategies. Based on a Prior Information Request (PIP) submitted to the Lisbon City Council, there is the possibility of expanding by an additional floor, aligned with the neighboring building, allowing for the creation of a generous terrace with stunning views of the Tagus River and the riverside area.Also noteworthy is the patio of the apartment on the second floor (currently the top floor), as well as the existing terraceboth with high appreciation potential. Main Areas: Lot Size: 205 m Floor Size: 128 m Ground Floor: 128 m First Floor: 149 m Second Floor: 205 m Attic: 133 mThe location is privileged, in one of the city's most emblematic areas, with immediate access to cultural and tourist attractions such as the Feira da Ladra (Flea Market), the National Pantheon, the So Vicente de Fora Monastery, the Military Museum, the Fado Museum, and the heart of the Alfama neighborhood. The Santa Apolnia train and metro station is just 100 meters away.As part of Lisbon's General Drainage Plan, the square in front of the property is being completely renovated. Starting in mid-2025, it will give way to a new landscaped plaza, featuring a public art installation ('Land Art'), bicycle and pedestrian paths, modernized infrastructure (including the undergrounding of overhead cables), and new public lighting.Energy Rating: CSpecific Features 620 m gross area Building 4 floors 0 parking spaces included in the price Good condition