6 bedrooms house for sale in Lumiar, Portugal

• Exclusive mandate
• 6 bedrooms
• N/C
• 250 m² surface area (2691 sqFt)
• 3 bathrooms
• full restoration of the structure/outside needed
• 543 m² of land (5845 sqFt)
• 3 shower rooms

Introducing a grand residence in Lumiar, Lisbon, situated across from one of the city's most well-regarded schools, Colégio São João de Brito. This property, priced at 1,800,000, presents an exceptional investment or renovation opportunity. With 6 bedrooms and a footprint of 192.77 m², this house is ripe for renovation, yet possesses remarkable potential. It includes a spacious 372.6 m² patio, offering the perfect canvas for a relaxing outdoor space or even a swimming pool. Comprising of 3 units - a 66 m² T1 on the first floor, a 112 m² T3 on the left first floor, and a 116 m² T3 on the left second floor - this property is currently held in full ownership. Additionally, with a pending Pip approval for a construction project of up to 5 above-ground and 2 below-ground levels, the potential for developing 8 residential units adds further allure. Boasting a desirable location with easy access to major roadways, just a short 10-minute drive from Crel and Cril, as well as 15 minutes from the A8. The Lumiar metro station and the esteemed Colégio Particular de São João de Brito are both within a 5-minute stroll. Surrounding green spaces like Parque da Quinta das Conchas and Parque dos Lilases, alongside Golf Paço do Lumiar, offer an exceptional quality of life, particularly for families seeking a connection to nature. Positioned facing south, this residence enjoys a tranquil interior shielded from street noise, providing a sense of privacy and comfort. This villa stands as a one-of-a-kind opportunity for those in search of ample living space in a rapidly developing area, or for those interested in creating a building that emphasizes a high standard of living. Regarding the price of 1,800,000, considering the property's prime location, size, potential for renovation and development, as well as the area's ongoing growth and modernization, this listing offers great value with substantial potential for future return on investment.