Description
Description
Príncipe Real building with architectural project approved for 4 apartments (3 T2+1,2) and garage
Príncipe Real, charming building on Calçada do Patriarcal nº2, next to Escadinhas da Mãe de Água. Corner building, with an open front, lots of light (7 windows per floor) and Southeast (East) orientation. Currently the building consists of shops, 2 floors and an attic.
The approved architectural project consists of rehabilitating and expanding the gross construction area of ??the building to 558.26sqm, distributed over a garage (without excavations), ground floor, 2 floors and attic spaces.
The project allows for the construction of 3 T2+1 and 1T2, with the following distributions:
Floor -1: Garage, on the slope of the street and entrance via Rua da Alegria 136-138
Floor 0: T2+1 with main entrance via Calçada do Patriarcal, nº2
Floor 1 and 2: 2 T2+1
Floor 3: T2, with terrace
All floors are connected by elevator.
Building in the heart of Príncipe Real, an upper class neighborhood (average value €10,000/sqm), known for its 19th century mansions. XIX, trendy bars and restaurants and elegant shops. 50 m from Jardim do, 80 m from Jardim Botânico and 300 m from Avenida da Liberdade.
Ideal investment project for income, which can be maximized if new local accommodation licenses are permitted.
The approved project could also be the basis for readapting the building into a single-family house or larger duplex apartments.
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