€674,900

#ref: 820233

EXCELLENT OPPORTUNITY for INVESTMENT or for OWNER-OCCUPATION!

Opportunity to increase the value of your future property/asset by more than 50%!!
Apartment in need of full renovation, located on the 2nd floor of a traditional building.
There is an approved project at Lisbon City Hall (CML) to raise the roof ridge, maximize the use of the attic, and transform the unit into a 3+1 bedroom apartment with 174 sqm of Gross Private Area (GPA).
The 2nd floor (entrance level) has 101.5 sqm of GPA, of which, 94 sqm correspond to interior covered area and 7.5 sqm correspond to balconies: one spanning the full width of the main façade and another smaller one at the rear. The attic will have 72.5 sqm of GPA, comprising 62.5 sqm of covered area (of which 36 sqm will have ceiling height above 1.90 m) and 10 sqm rear-facing terrace.
NOTE: The terrace may be expanded to 15 sqm.

Other Highlights:
The building’s common areas have already been fully renovated:

-New water piping
-New electrical riser (prepared for 10.35 kVA power capacity)
-Façades repaired and repainted
The apartment features a 3.25 m ceiling height on the entrance level.
The approved attic extension includes raising the roof ridge, reaching a maximum ceiling height of 2.83 m.
The project also includes,two rear-facing dormer windows providing access to the terrace
A large skylight at the front, ensuring abundant natural light

#ref: 820233