€12,500,000

This magnificent historic palace, located in Paço de Arcos, Oeiras, is a true jewel of neoclassical architecture, with a stunning sea view. The property, which was the residence of King Ferdinand II, remains in the hands of the royal family, being an icon of luxury and tradition. Spanning two floors, the palace offers 40 well-distributed rooms, including elegant living and dining rooms, impressive fireplaces, and a library with panoramic sea views. The interiors are adorned with high-quality materials, creating an environment of refinement and comfort. The large gardens of approximately 6,000 m² include various amenities, such as garages, stables and a charming terrace overlooking the sea, perfect for leisure time. In addition, the property is surrounded by walls, ensuring complete privacy, and is self-sufficient in water, with an aqueduct for rainwater. With significant tax exemptions, both IMT and IMI, this property becomes even more attractive as an investment opportunity. The City Council has plans to develop a promenade and a marina nearby, increasing the appreciation and exclusivity of the region. Classified as a protected heritage, the palace allows expansions respecting its historical character, offering versatility of use, whether for a hotel, museum, company headquarters or luxury housing. The property, with neoclassical architecture from the nineteenth century, is spread over four floors, including rooftop, and offers large areas, excellent sun exposure and direct connection to the outside through a garden with various species. Floor 0: - Entrance hall 31 m2 - Living room 22 m2 - Dining room 74 m2 - Kitchen 65 m2 - Bedroom 43 m2 - Bedroom 15 m2 - Office 40 m2 - WC 18 m2 - WC 12 m2 - Storage area 15 m2 - Hallway 12 m2 - Hall 14 m2 Floor 1: - Living room 74m2 - Living room 42 m2 - Living room 47 m2 - Suite 30 m2 - Bedroom 45 m2 - Bedroom 34 m2 - Bedroom 19 m2 - Bedroom 17 m2 - WC 16 m2 - Hallway 45 m2 - Hallway 17 m2 - Hallway 12 m2 Floor 2: -Room -Room Floor 3 : -Rooftop Garage with parking for 4 cars 54 m2 The palace has a Guest-House (364m2) and a tower called 'Clock Tower' (49 m2) It is located on Avenida Marginal, in front of the sea, just 4 minutes from the A5 and A9 motorways, 7 minutes from Santo Amaro Beach and Train Station, 8 minutes from the Historic Center, 10 minutes from St. Julian's School and Oeiras Parque, and 20 minutes from Lisbon Airport.