Located on Rua Borges Carneiro in Lapa, this traditional Lisbon building occupies a 223 m2 plot with a private garden. Its location, size and layout make it an opportunity for investors and developers seeking a residential project in one of Lisbons most sought-after neighbourhoods.
The property has an advertised gross area of 404 m2, including 296 m2 of gross private area, arranged over a basement, ground floor, first floor and attic. It requires a full renovation.
Original features include a wooden staircase, timber floors, stone detailing and generous ceiling heights. These could be incorporated into a carefully designed renovation. The garden at the rear adds valuable outdoor space in a central location.
Several investment strategies can be explored: renovating the building as a substantial family home or assessing a different residential layout. Any extension, change to the number of units or new construction would require an architectural feasibility study and confirmation from the relevant authorities. No approved project for these works is being advertised.
Close to Estrela, Santos and the riverfront, the property is set in an established residential area with shops, services and schools nearby.
Key details
Asking price: 1,700,000
Plot: 223 m2
Advertised gross area: 404 m2
Advertised gross private area: 296 m2
Basement, ground floor, first floor and attic
Private garden
Full renovation required
Property currently occupied by a tenant
Energy rating: F