Building for sale in Avenidas Novas, Lisbon • ARE-96593

Vacant building with approved PIP for rehabilitation and expansion to 1,526.45 m2, located on Avenida 5 de Outubro, in Avenidas Novas, Lisbon.The property is located on one of the city's main thoroughfares, in the parish of Avenidas Novas, benefiting from an approved PIP by Lisbon City Council, with a footprint area of 188.20 m2.The approved PIP foresees a building comprising 8 floors above ground level intended for residential use and 1 floor below ground level, with a façade height of 22 meters, allowing the rehabilitation and expansion of the building while ensuring its proper urban integration.Located on Avenida 5 de Outubro, one of Lisbon's main avenues, close to all types of commerce, services, and public transport. 5 minutes walking distance from Saldanha metro station and 7 minutes from São Sebastião. 10 minutes from El Corte Inglés, the Gulbenkian Garden and Museum, among other attractions and services in Avenidas Novas. The building is also just a few minutes driving distance from Instituto Superior Técnico, Lycée Français Charles Lepierre, among other private and public educational institutions. 10 minutes from Humberto Delgado Lisbon Airport.