Building in Barreiro with 3+ parking spaces

Building with Approved PIP for 11 Units | Barreiro Town Centre

Investment opportunity for refurbishment or the development of a new residential project.

Located on Rua dos Combatentes, in the centre of Barreiro, this property benefits from a strategic location, next to Catarina Eufémia Park and close to Barreiro Town Hall, the CP railway workshops, as well as a wide range of shops, services, schools, public transport and main road links.

The existing building comprises a ground floor and first floor, with a total of 19 rooms, offering two distinct investment options: the refurbishment of the existing property or the development of a new-build project.

The key feature of this asset is the existence of an approved Prior Information Request (PIP) from Barreiro City Council for the construction of 11 residential units.

The approved project provides for the demolition of the existing building and the construction of a new development comprising 4 floors above ground and 1 or 2 basement levels, making this a particularly attractive opportunity for investors and developers looking to create a residential project in an established area of the town.

The approved PIP represents a significant advantage in the development process, providing an urban planning framework that has already been assessed and approved by the relevant local authority.

Key features:

• Approved PIP for 11 residential units;
• 4 floors above ground;
• 1 or 2 basement levels;
• Potential for the construction of a new building;
• Possibility of refurbishing the existing property;
• Existing building comprising ground floor and first floor;
• 19 rooms;
• Central location in Barreiro;
• Next to Catarina Eufémia Park;
• Close to Barreiro Town Hall and the CP railway workshops;
• Excellent potential for capital appreciation and return on investment.

A distinctive opportunity for property investors and developers seeking an asset with an approved development proposal and strong potential in one of Barreiro’s most central locations, benefiting from growing residential demand and its proximity to Lisbon.