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2 000 000 €
Land in São Vicente, Lisboa
Lisboa, LisboaLand in São Vicente with multimedia
596 m²
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Land for sale
Invest in one of Lisbon's areas with the greatest potential for transformation and appreciation. In Lisbon's real estate market, opportunities with defined urban planning and located in areas of strong urban transformation are increasingly rare. This urban plot, located in Quinta do Ferro, next to Graça, represents a unique investment opportunity: an asset with an approved PIP (Prior Information Procedure), situated within an area covered by the Quinta do Ferro Systematic Urban Rehabilitation Operation (ORU), approved by the Lisbon Municipal Assembly. This area is at the heart of one of the most ambitious urban regeneration processes currently underway in Lisbon, with planned interventions in public spaces, infrastructure, housing, green spaces, facilities, and local commerce. PIP Approved — Project with Defined Urban Planning Framework With a plot area of 596.60 m², the approved PIP allows the development of three 3-story buildings, with a gross construction area of 822.06 m², significantly reducing the time and uncertainty associated with the initial definition of a real estate development. Main approved parameters: • Plot area: 596.60 m² • Building footprint: 274.02 m² • Gross construction area: 822.06 m² • Courtyard area: 224.93 m² • Floors above ground level: 3 • Facade height: 8.83 m • Maximum building height: 10.75 m Currently, there are four buildings in poor condition on the plot, and the development foreseen in the PIP is aligned with the ongoing urban transformation in Quinta do Ferro. Two of these four buildings have tenants. Included in the Quinta do Ferro Systematic Urban Rehabilitation Operation (ORU) One of the main distinguishing features of this investment is its integration within the Quinta do Ferro Urban Rehabilitation Area (ARU) and its respective Systematic Urban Rehabilitation Operation (ORU), approved in 2024 by the Municipality of Lisbon. The ORU foresees an integrated urban regeneration intervention, encompassing the requalification of buildings, infrastructure, public spaces, green spaces, and facilities, with a public investment program aimed at profoundly transforming this historic area of Lisbon. For an investor, this framework represents not only an opportunity for property development but also the possibility of benefiting from the urban transformation process taking place throughout the surrounding area. Potential Benefits for the Investor The inclusion of Quinta do Ferro wi
Details
Construction Year- -
Gross Area m²- -
ElevatorNo
Private Gross Area m²596
Living Area m²- -
GarageNo
Total Lot Size m²596
Price m²3 355 €
Floor- -
Location
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Origin Listing reference:id. KWPT-038034
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