In the heart of Lisbon, in the parish of Santo Antnio (formerly the parish of Corao de Jesus), you will find this unique opportunity.A multi-unit building with an approved project for the renovation and expansion of the existing structure, designated for residential and commercial use. The current building is located on a corner urban plot at the intersection of Rua do Passadio and Travessa de Santa Marta.The already approved Architectural Project envisions a mixed-use building with horizontal ownership, comprising residential and commercial spaces with four floors above ground level and an estimated construction area of 910.11sqm. The project includes two urban development operations:Demolition and Renovation The interior and roof of the existing building at the corner of Rua do Passadio and Travessa de Santa Marta will be demolished, while the faade will be preserved. Additionally, the interior and roof of the building on Travessa de Santa Marta will be demolished, with the existing faade maintained/adapted.Construction (Expansion) Three new floors will be added above the existing ground floor, the top floor featuring dormer windows on Travessa de Santa Marta. A roof expansion with dormer windows is also planned for the building on Rua do Passadio.This is how Liberdade Heights will be borna unique residential and commercial development! This project will offer a rare combination of a prime location, charm, and tranquility, just steps away from the iconic Avenida da Liberdade.With four floors, a total of seven apartments ranging from studios (T0) to two-bedroom units (T2), and two spacious commercial spaces, Liberdade Heights is a unique investment opportunity. The final distribution of the building will be as follows:Ground Floor Commercial Spaces- Store 1 86sqm- Store 2 108sqmFirst Floor Elegant Residences- Studio Apartment (T0) 65sqm- One-Bedroom Apartment (T1) 68sqm- Two-Bedroom Apartment (T2) 96sqmSecond Floor Comfort and Functionality- Studio Apartment (T0) 61sqm- One-Bedroom Apartment (T1) 68sqm- Two-Bedroom Apartment (T2) 84sqmThird Floor Exclusive Penthouse- Two-Bedroom Apartment (T2) 107sqmLiberdade Heights will be strategically located in one of the most authentic and charming areas of Lisbon. Surrounded by cafs, restaurants, shops, and public gardens, this development offers easy access to the city's most vibrant areas while maintaining a peaceful and welcoming atmosphere. It will be just a few minutes' walk from some of the city's main landmarks:- 13 minutes from Eduardo VII Park- 8 minutes from Avenida da Liberdade metro station- 22 minutes from the Botanical Garden- 7 minutes from Tivoli Forum- 17 minutes from the citys downtown areaIt will also feature architecture and design that respects the city's historical identity, combining classic European charm with a modern, efficient, and sustainable construction.Each apartment will be carefully designed to provide maximum comfort, featuring high-quality finishes, natural materials, spacious layouts, high ceilings, and large windows to ensure plenty of natural light and excellent ventilation, thermal, and acoustic insulation.------------------------------------------------------------------------------------------------------------- // --------------------------------------------------------------------------------------------------------------------The building is currently in good condition and fully operational, generating an annual rental income of approximately 100, 000, derived from active short- and medium-term lease agreements. Recently refurbished, it is in perfect habitable condition.Lisbon remains one of the most attractive real estate markets in Europe, offering an excellent balance between quality of life and investment profitability.This real estate transaction involves the full sale of the property, making it an ideal investment for real estate development or asset capitalization.Come and discover this exclusive investment opportunity!
Email enquiry to KW Lead Santos
Property ID: 310097235407