Land for sale

Overview

Located in the historical centre of Lisbon, close to the Castle of Sao Jorge, Alfama, Mouraria and Baixa, arises this building in the heart of Rua da Madalena, with a Pombaline draft, for an excellent opportunity to develop an urban rehabilitation project.

The building is in a horizontal property regime, and is composed by 4 floors, plus an attic, totalling 6 floors. It is intended for local business and housing and has a 4 sqm lobby.

With a total 572,00 sqm private gross area, it is distributed as follows:

Ground floor - Shop (allocation to services) - 97,50 sqm

Mezzanine (allocation to services) - 91,80 sqm

1st floor (allocation to services) - 91.80 sqm the tenant has a lifetime lease, but is available to negotiate the termination of the contract

2nd Floor (allocation to services) - 91,80 sqm

3rd floor - (allocation to housing) - 91,80 sqm

4th Floor - (allocation to housing) - 65.67 sqm

Attic - 41,63 sqm

It is very well located, close to all sorts of local business, restaurants, services and public transportation:

- Buses

- Train: Cais do Sodre - Rossio

- Subway: Blue Line and Green Line

- Tram

With potential for more than an investment option: from a remodelling to sale (housing by fraction), or as profitability for a long-term rental, do not miss this opportunity and schedule your visit!

Porta da Frente Christie's is a real estate agency that has been operating in the market for more than two decades. Its focus lays on the highest quality houses and developments, not only in the selling market, but also in the renting market. The company was elected by the prestigious brand Christie's International Real Estate to represent Portugal, in the areas of Lisbon, Cascais, Oeiras, Sintra and Alentejo. The main purpose of Porta da Frente Christie's is to offer a top-notch service to our customers.

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Property ID: PDF-PF31960

Price: €460,000

Property Size: 91.8 m2

Bedrooms: 2

Bathroom: 1