Building Plot  Lisboa, Lisboa, São Vicente
Sale2.000.000 €
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Property Information
Net Area --
Land Area 597 m²
Status Not Applicable
Construction Year --
Description

Invest in one of Lisbons areas with the greatest potential for transformation and appreciation.

In Lisbons real estate market, opportunities with defined urban planning and located in areas of strong urban transformation are increasingly rare.

This urban plot, located in Quinta do Ferro, next to Graça, represents a unique investment opportunity: an asset with an approved PIP (Prior Information Procedure), situated within an area covered by the Quinta do Ferro Systematic Urban Rehabilitation Operation (ORU), approved by the Lisbon Municipal Assembly.

This area is at the heart of one of the most ambitious urban regeneration processes currently underway in Lisbon, with planned interventions in public spaces, infrastructure, housing, green spaces, facilities, and local commerce.

PIP Approved Project with Defined Urban Planning Framework

With a plot area of 596.60 m², the approved PIP allows the development of three 3-story buildings, with a gross construction area of 822.06 m², significantly reducing the time and uncertainty associated with the initial definition of a real estate development.

Main approved parameters:
Plot area: 596.60 m²
Building footprint: 274.02 m²
Gross construction area: 822.06 m²
Courtyard area: 224.93 m²
Floors above ground level: 3
Facade height: 8.83 m
Maximum building height: 10.75 m

Currently, there are four buildings in poor condition on the plot, and the development foreseen in the PIP is aligned with the ongoing urban transformation in Quinta do Ferro. Two of these four buildings have tenants. Included in the Quinta do Ferro Systematic Urban Rehabilitation Operation (ORU)

One of the main distinguishing features of this investment is its integration within the Quinta do Ferro Urban Rehabilitation Area (ARU) and its respective Systematic Urban Rehabilitation Operation (ORU), approved in 2024 by the Municipality of Lisbon.

The ORU foresees an integrated urban regeneration intervention, encompassing the requalification of buildings, infrastructure, public spaces, green spaces, and facilities, with a public investment program aimed at profoundly transforming this historic area of Lisbon.

For an investor, this framework represents not only an opportunity for property development but also the possibility of benefiting from the urban transformation process taking place throughout the surrounding area.

Potential Benefits for the Investor

The inclusion of Quinta do Ferro within the Urban Rehabilitation Area (ARU/ORU) allows access to the tax benefits and incentives foreseen for urban rehabilitation operations, provided that the respective legal requirements are met and that the intervention carried out is eligible.

Among the benefits foreseen within the ORU framework are:
Possibility of exemption from IMT (Property Transfer Tax) on acquisitions of properties intended for rehabilitation interventions, under the terms and conditions legally applicable;
Exemption from IMI (Municipal Propert
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Features
  • Areas
    • Land Area:597.00m2
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