€690,000

We present a unique investment and appreciation opportunity in one of the city's most central and strategic areas, within short distance of Praça de Espanha. This is a 3-bedroom house in ruins, intended for complete reconstruction, with enormous potential to create a contemporary and bespoke residence, meeting the highest standards of comfort and quality. The property has a total area of 155 m² and 140 m² of usable area, allowing the development of a harmonious and well-distributed project. It also includes a 15 m² front patio, ideal for creating a welcoming reception area or private outdoor space, and a pleasant 50 m² rear garden, perfect for a leisure area, landscaped garden, or outdoor social space. In addition to the rehabilitation of the existing house, the property also has construction potential for the development of a building of up to 3 floors, with the possibility of an underground garage, representing an excellent opportunity for real estate development in an area of high demand and strong appreciation. The location is one of its greatest attributes: set in a well-established central area, it benefits from all kinds of public transport, traditional shops and large retail stores, renowned educational institutions, as well as proximity to hospital units and essential services. An ideal solution for those looking to develop an exclusive residential project in an urban context, or for investors who value assets with high construction and appreciation potential in a premium location. For more information or to schedule a visit, we are at your disposal. Energy Rating: Exempt #ref:W-0488OZ - W-0488OZ - Engel & Völkers Lisboa