Ajuda, Lisbon

Urban land with existing building in need of rehabilitation works, with a total area of 2048m2. Excellent location, between the Ajuda University Pole (expanding), the Liga Foundation, the Humanitarian Association of Ajuda Firefighters and the Monsanto Forest Park. Farther away, but close enough is the Ajuda National Palace. Given the lack of student accommodation, we consider this to be a great investment possibility. Possibility of building a residential building with 5 floors above ground, with an implementation area of 750 m2 (50 m x 15 m) and 1 floor below ground as parking spaces Excellent opportunity to build 139 T0 apartments for rent to students. It has PIP approved by the Lisbon City Council. The site has a configuration of about 22 m deep and 55 m wide usable. In view of the other conditions and limitations contained in articles 49, 53, 54 and 55 of the Master Plan Regulation Municipal of Lisbon, the possibility of building a residential building with five floors is considered, a front of about 50 meters and a depth of 15 meters, leaving the remainder of the lot as patio. This perspective of construction is in accordance with the indication inserted in article 54 of the PDM Regulation, in the point 2(c), that the maximum IUB (Gross Utilization Index) is 2 m2/m2 that would be enough for the 2,000 total meters of land with a housing occupation of 4,000 m2 Great investment for various sectors.