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Other for sale in Lumiar, Portugal
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Other for sale in Lumiar, Portugal

1 800 000€

Lumiar

Features

  • Exclusive mandate
  • N/C
  • 250 m² surface area (2691 sqFt)
  • 543 m² of land (5845 sqFt)

Property description

Presenting a unique investment opportunity in Lumiar, Lisbon, this villa comes with a Pip for the construction of an 8-floor building. Situated across from Colégio São João de Brito, one of Lisbon's most prestigious schools, this property offers great potential for development. The plot spans 543 m2, including a 372.6 m² patio that could be transformed into a leisure area or a swimming pool. With a Pip in place allowing for 5 floors above ground and 1 below, there is potential to build 8 housing units on this site. Located near the Lumiar metro station and just a minute away from the supermarket, the property benefits from excellent access to key transportation links. This prime location, with easy access to main roads and amenities, makes it an attractive option for potential buyers. Additionally, the proximity to parks, schools, and golf courses adds to the appeal of this property for families seeking a high quality of life. The south-facing plot offers privacy and comfort, with plans in place to complete the architectural design of the street. With the potential for rapid appreciation in value, this property represents a unique opportunity for those looking to invest in a large development in a growing area. The asking price of 1,800,000 is reflective of the potential value and growth that this property offers in the future.

Location

Lumiar

Date added: 16.10.2024

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