Private Introduction · Portugal
Property in Lisboa — €4,300,000.
Vacant building with approved PIP for rehabilitation and expansion to 1,526.45 m2, located on Avenida 5 de Outubro, in Avenidas Novas, Lisbon.The property is located on one of the city's main thoroughfares, in the parish of Avenidas Novas, benefiting from an approved PIP by Lisbon City Council, with a footprint area of 188.20 m2.The approved PIP foresees a building comprising 8 floors above ground level intended for residential use and 1 floor below ground level, with a façade height of 22 meters, allowing the rehabilitation and expansion of the building while ensuring its proper urban integration.Located on Avenida 5 de Outubro, one of Lisbon's main avenues, close to all types of commerce, services, and public transport. 5 minutes walking distance from Saldanha metro station and 7 minutes from São Sebastião. 10 minutes from El Corte Inglés, the Gulbenkian Garden and Museum, among other attractions and services in Avenidas Novas. The building is also just a few minutes driving distance from Instituto Superior Técnico, Lycée Français Charles Lepierre, among other private and public educational institutions. 10 minutes from Humberto Delgado Lisbon Airport.
Why This Opportunity
Located in Lisboa, Lisboa, Portugal — a sought-after part of the market.
On the market at €4,300,000.
Layout up to 1526 m².
Includes gym.
The Area
Getting around
Aeroporto Humberto Delgado (Lisbon Airport)
Portugal's main international airport, within the city [approx 15-20 min by car / 7 km]
Estação do Oriente
Major intercity rail, metro and bus interchange at Parque das Nações [central hub]
Metro de Lisboa
Four-line city metro network linking the centre, airport and river [citywide]
Nearby
Torre de Belém & Mosteiro dos Jerónimos
UNESCO World Heritage Manueline landmarks on the Tagus [approx 6 km west of centre]
Castelo de São Jorge
Hilltop Moorish castle overlooking the old town and river [Alfama, city centre]
Praça do Comércio
Grand riverside plaza and gateway to the Baixa district [city centre]
Time Out Market (Mercado da Ribeira)
Landmark food hall and market by Cais do Sodré [central]
Schools
Lycée Français Charles Lepierre
French curriculum, ages 3-18, in the city [central Lisboa]
Deutsche Schule zu Lissabon (Colégio Alemão)
German-Portuguese bilingual curriculum, ages 3-18 [Lisboa]
Universidade de Lisboa
Portugal's largest university, multiple city campuses [Cidade Universitária]
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