Building in Lisboa with virtual tour

Building for Reconstruction | Investment Opportunity in Lisbon 

Calçada da Picheleira, 21 | Lisbon 

Invest in an area of Lisbon undergoing transformation, driven by new housing projects, urban rehabilitation and significant public investments. 

On Calçada da Picheleira, you will find this building for demolition and reconstruction, with potential for the development of a new residential project, in a location close to the Olaias Metro station, the Instituto Superior Técnico and Lisbon Airport. 

A location with potential for appreciation 

The surrounding area is undergoing an urban renewal process, highlighting three important factors: 

• New Todos-os-Santos Hospital: under development in the Marvila area, represents a structuring investment, with potential to attract new residents and professionals to the region.
• New residential neighborhood of Casal do Pinto: project approved by the Lisbon City Council that foresees 204 homes, retail, green spaces and communal facilities.
• Rehabilitation of nearby buildings: on Calçada da Picheleira and adjacent streets there are reconstruction and expansion projects, some in permitting and others already under construction. 

These investments contribute to a new urban dynamic and reinforce the prospects for appreciation of this location. 

Property features and potential 

• Total land area: 98 m²
• Footprint area: 84.50 m²
• Existing gross private area: 151.72 m²
• Ground floor: 54.10 m²
• 1st floor: 58.62 m²
• Attic: 39 m²
• Outdoor area: 13.50 m² 

The property presents potential for the study of a residential project with compact unit types, namely studio (T0) and one-bedroom (T1) apartments, intended for sale or rental. 

It may also be possible to study vertical extension, including a potential set-back floor with a terrace, subject to urban planning feasibility and municipal approval. 

Accessibilities and services 

The location benefits from proximity to the Olaias Metro station (Red Line), the Instituto Superior Técnico - Campus da Alameda, Humberto Delgado Airport and the Carris bus network. 

In the surrounding area there are schools, shops, services and essential facilities, characteristics that may favor housing demand from students, young professionals and other residents. 

Current condition of the property 

The building was affected by a fire and is subject to a demolition order issued by the Lisbon City Council. 

There is already OVP (Public Road Occupation) associated with the property. 

The demolition will be the responsibility of the buyer. 

The available documentation can be provided to interested parties for review. 

 

For more information, documentation or to schedule a visit, please get in touch. 

Note: The reconstruction images are for illustrative purposes only and do not represent approved projects. Any intervention depends on confirmation of legal, technical and urban planning conditions and the necessary municipal approvals. 

#Disclamer This text was generated by AI #