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4

Development Land in Avenida Afonso III (Sao Joao), Lisbon

€ 2,750,000
415 m²

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Description

Plot of land with architectural design approved for the construction of a residential building with 4345 m2 of construction, in Penha de Franca, in Lisbon. spread over 25 dwellings with garage and elevator in a location with future appreciation, on Avenida Afonso III, Penha de Franca, in Lisbon.

The 25 units comprise studio to 3-bedroom duplex apartments, with a view of the River Tagus near Santa Apolonia station.

Product integrated in the Penha de Franca parish in an urban area undergoing a significant development in terms of new construction and rehabilitation, where the value of a new product compared to the proximity to the city centre is the most attractive in Lisbon.

The April 2021 Detail Plan foresees the increase and rehabilitation of the residential function with the integration of new buildings into the urban landscape, which makes this product a unique investment opportunity.
Energy Rating: Exempt

500

Details

External size
415 m²
Reference
66898
Address
Avenida Afonso III (Sao Joao)

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