Building for sale in Lisbon, Portugal

Building for complete renovation, located in the heart of Campo de Ourique neighborhood, on a 154 sqm plot of land. This building had an approved Architectural and Specialties Project in 2020 by the Lisbon City Council, which expired due to lack of construction. The project consists of the rehabilitation and expansion of the existing building, providing for 650 sqm of construction area, with 8 fractions distributed over 5 floors: Ground floor: 1-bedroom apartment with 44.35 sqm; 1-bedroom apartment with 47.57 sqm 1st floor: 1-bedroom apartment with 47.51 sqm; 1-bedroom apartment with 58 sqm 2nd floor: 1-bedroom apartment with 47.51 sqm; 1-bedroom apartment with 58 sqm 3rd and 4th floors: 2-bedroom +1 apartment with 101.64 sqm; 2-bedroom apartment with 91.85 sqm. The building has an elevator and a backyard. There is also the possibility, with a new project, to construct a different building, such as one or two single-family houses. This is an excellent investment opportunity in a prime location, close to Amoreiras, Jardim da Estrela, and Largo do Rato. Quick access to public transportation, all types of commerce, and public (Liceu Pedro Nunes) and private schools (Lycée Français Charles Lepierre and Salesianos). 5 minutes away from the A5 highway access and 15 minutes from Hospital CUF Tejo. It is also located 20 minutes away from Humberto Delgado Lisbon Airport.