Building in Av. Fernão de Magalhães with 228 m²

Property with approved PIP in a prime location
An excellent real estate investment opportunity in an area experiencing strong appreciation. This involves an existing building with a PIP (Request for Prior Information) already approved by the City Council, ensuring full legal certainty and reduced licensing timelines for starting construction.

Approved Project Details:

Gross Construction Area: 674.81 m²
Construction Volume: 1,786.31 m³
Number of Floors: 7 floors above ground
Building Height: 19.20 m
Unit Types: Project approved for 7 apartments:
4 x 1-bedroom units (T1),
1 x 1-bedroom duplex,
1 x 2-bedroom duplex, and
1 x 2-bedroom plus 1 unit (T2+1).
Prime Location:
Situated in a privileged area near Praça Velasquez and the Estádio do Dragão, close to shops, services, schools, and public transport. Just minutes away from major road access routes.

Ideal for developers or investors looking to proceed immediately to the detailed design phase and the start of construction.

Urban Development Type: The PIP covers new construction, expansion, change of use, or façade rehabilitation.

PIP Validity: The City Council's decision is binding and has a statutory validity period.