Building in Príncipe Real w/ Project Approved

Building in Príncipe Real with approved project

In the charismatic district of Príncipe Real, you will find this palace of 5 apartments and two shops to be renovated.

The building has 5 floors, one fraction per floor, the top floor fraction having a fantastic view of the Tagus.

With an approved architectural project for 18 rooms and 1 restaurant on the ground floor, the building, after being rehabilitated, reaches 669 m2 of gross construction area.

The property has 3 tourist exploitation licenses transferable to the future owner.

It is possible to submit modifications to the project presented in the CML and transform it into a residential project.

The 1st floor currently has a 95 year old tenant who lives alone. Old lease contract.

Excellent opportunity for the development of a hotel or residential project.

Príncipe Real is one of the trendiest neighborhoods in Lisbon. Walking through the streets we find several local shops with the latest fashion trends and the trendiest restaurants in town.

The Príncipe Real Garden, the Botanical Garden and the viewpoint of São Pedro de Alcântara are essential places to visit and always very popular.

Contact us for more information.