Centro (Mercês), Lisboa, Lisbon

Details :- Reference: VKVH-T1518. This property is a 270 square meter heritage building in the historic neighbourhood of Misericordia in one of the most central areas of Lisbon, which is well serviced by transportation, shopping, and schools. The property is currently in a dilapidated condition but offers a unique opportunity for restoration. It currently has outline planning approval (PIP) for conversion into a luxury T3+1 single family house with four washrooms, which includes a small patio and roof terrace, which is a unique offering in the city centre. The property is being sold with complete technical and commercial documentation, including a bill of quantities and builder's cost proposal (orçamento) with luxury finishes, or can alternatively be sold as a finished turn-key project with the possibility of full furnishings. Notably, the property equally holds other development potential which could be explored, such as a prior approved PIP for commercial ground-floor space with apartments above, as well as the right to increase the building by an additional floor. <br />The current T3+1 house design proposes a large ground-floor space with open plan kitchen, dining and living space, utility and laundry room and access to a patio. The first floor has two bedrooms, including a luxurious master bedroom with ensuite toilet and walk-in closet, as well as a second living area or library, and an office which could equally be used as another bedroom. The second floor has a bedroom, as well as access to the roof terrace. The design proposes the use of solar tubes and lightwells to bring natural light into all corners of the building and includes air conditioning. The property also has a dedicated street parking space and is down the road from an underground public carpark, as well as located 400 metres away from the new Estação de Santos metro station. As such the project caters to very modern living standards and could be acquired for renovation into a dream home or renovated and resold with excellent profitability. <br />Energy Rating: E <br />#ref:HT_40419