Iconic Palace to renovate near Avenida Almirante Reis Arroios (Lisbon, Lisboa, PT - 1150) Built

SALE PENDING €1,600,000

Living Portugal Property

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  • Type: Other
  • Style: Apartment
  • Bedrooms: n/a "Multiple"
  • Bathrooms: n/a "Apartments"
  • Size: 1,200 sq. m.


Iconic Palace to renovate near Avenida Almirante Reis
Arroios, 1150, Lisbon, Portugal
Parish - Arroios

Construction Area - 1.200 m2
Garden - 125 m2
Garage - 30 m2 can be expanded to the basement area
Basement - 100 m2
No lift but one can be easily installed as structure is already prepared.

Ideal Project for a luxury real estate development as the building fulfils all the requirements of the most exquisite taste.

Nobility details are found in every corner such as the manicured hand-made ceilings, tiles and staircases.

If converted into apartments the plot and building will still have space for a garden, basement and garage.

Despite recent maintenance and a brand new roof, the building must be properly restored or converted.

The remaining palaces and manor houses close by are being renovated and a future pedestrian street has already been designed.

The City Hall along with private investors are turning this section of Lisbon in to the next high residential campus area for both post-doc student and exchange professors due to the proximity to several universities and to city's prime locations such as Baixa and Chiado.

This Palace is listed at an exceptional price for a building with cachet and the potential to offer a variety of solutions for high-end luxury apartments.

Asking price €1,600,000


The information we receive is provided to us by our client's in good faith. All details are therefore deemed to be correct but are not guaranteed.