Building for sale in Lisboa

Building located on Rua de Santa Marta | Lisbon. Just a few steps from Avenida da Liberdade, in Lisbon’s most exclusive neighborhood, this building on Rua de Santa Marta is available for renovation. It currently has a preliminary project (PIP) approved by the Lisbon City Council for the construction of a four-story house, but it clearly has the potential to be developed into a high-end apartment building. With 331 m² of gross floor area and 245 m² of net floor area, the existing PIP includes a four-bedroom house, a private elevator, a 40 m² patio, and a commercial space on the ground floor, ensuring a solid urban framework from the outset, with fully approved facades, volumetry, and building height. This approval offers security and predictability to the investor, allowing the concept to be adapted to a multi-family product—ideal for creating boutique apartments in one of the city’s most sought-after locations. A rare opportunity to develop a luxury residential asset in one of Lisbon’s most sought-after areas, where demand for premium apartments is high and supply is extremely limited, ensuring strong appreciation potential and a secure return. The information provided is subject to confirmation and is not binding. For more information and/or to schedule a visit, please contact me!