The building is located in a consolidated urban area, between residential buildings of 3, 4, and 5 stories, with 3, 4, and 6 units respectively.

This setting allows for a clear understanding of the ideal scale for a future project, always subject to approval by the Lisbon City Council.

The existing property can undergo extensive renovation or, if more suitable, be demolished to make way for a new construction within applicable urban planning parameters, offering complete flexibility to the investor, builder, ...

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Fully refurbished building, operating as a senior residence since 2021, with an annual return of 4.1%. The property comprises 15 single rooms and 7 double rooms, all en suite.

Located in Bairro das Colónias, in Arroios, this building is set in a quiet residential area, with an excellent range of local shops, nearby services, and easy access to the whole city of Lisbon. The area is well served by public transport, including the metro, buses, and quick connections to the main roads.
Energy Rating: C
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