Building in Lisboa with 166 m²

Building for Complete Renovation in Ajuda | Lisbon

An outstanding investment opportunity in one of Lisbon's most historic neighborhoods, where tradition, heritage, and strong capital appreciation come together. 

This building, with frontages on two separate streets, offers exceptional redevelopment potential. A project is currently under review by the Lisbon City Council proposing the creation of a one-bedroom apartment (T1) on the ground floor and a three-bedroom duplex apartment (T3) across the upper floors. Subject to the applicable planning regulations, the property could also be converted into a single-family home or three independent residential units. 

Property Features

• Three-storey building; 
• Building footprint: 66 sq m; 
• Approximately 15 metres deep; 
• Approximately 5 metres of street frontage; 
• Dual street frontages, offering greater design flexibility and enhanced value
  potential. 

A Highly Sought-After Location

Located in the iconic Ajuda – Boa Hora district, the property enjoys a unique setting where authentic Lisbon charm blends seamlessly with major cultural, tourist, and academic landmarks. 

Within just a few minutes, you will find:

• Boa Hora Church; 
• Ajuda National Palace; 
• Ajuda Botanical Garden; 
• University of Lisbon and several university campuses; 
• Belém and the Tagus waterfront; 
• Jerónimos Monastery; 
• Belém Tower; 
• Belém Cultural Centre (CCB); 
• The world-famous Pastéis de Belém. 

With excellent transport links, strong residential and tourism demand, and a property market that continues to appreciate, this is an exceptionally attractive asset for investors, developers, or anyone looking to create an exclusive residential project in one of Lisbon's most prestigious and historic neighborhoods. 

A rare opportunity to unlock value in the historic heart of Lisbon.