$22,900,000
$26,000,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
167,555 SqFt
SOLD DATE : 05/02/2024
Key Details
Sold Price $22,900,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 167,555 sqft
Price per Sqft $136
Sold Date 05/02/24
Lot Size 3.205 Acres
Property Description
LAND PLOT FOR SALE
DEVELOPMENT OF A MIXED-USE PROJECT ESTEFÂNIA (CASAL DE SANTA LUZIA), LISBON, Portugal
The asset is composed by two contiguous land plots with a total land area of 12,972sqm (139,630sqf) The land plot has a proposed allotment plan for a mixed-use development that will compromise a total Gross Construction Area Above Ground of 15,566sqm (167,555sqf) . The allotment areas are divided as follows:
PROJECT AREAS
Total Land Area: 12.972,00 sqm
Total Number of Blocks: 2
Maximum Footprint Area: 3,607.32 sqm
Buildability Index: 1.20
Gross Construction Area above ground: 15,566.40 sqm
Residential Area 12.467,08 sqm
Retail Area 3.099,32 sqm
Number of Parking Spaces 185 spaces
Number of Public Parking Spaces (Basement): 62 spaces
Public Parking Area (2 floors): 2.724 sqm
Green Areas: 2.570,67 sqm
The neighborhoods of Arroios and Estefânia are located on both sides of the long and wide Almirante Reis Avenue and also cross the Pascoal de Melo Avenue, where most of the traditional commerce, cafes, restaurants and the Jardim Constantino can be found.
When entering Arroios and Estefânia, you will have a feeling of streets and avenues a little wider, dominated by large buildings, and amenities such as an important Pediatric Hospital of Estefânia, many fine restaurants, shops and commercial buildings. At the same time, the streets across the large avenues offer great tranquility.
Arroios and Estefânia are certainly part of the revitalization of the Lisbon area that accompanies Almirante Reis, a multicultural area where new businesses are now starting to open, alongside those that have persisted for many decades.
The two residential districts are home to large apartments, in buildings covered with the famous Portuguese tiles, making them a choice for several Portuguese families. They are also neighborhoods with great cultural dynamism, conviviality and social vitality.
Others
Special Listing Condition Listed As-is
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