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Land Plot with Construction Viability - Ajuda (Lisbon)

For sale
€ 2,900,000
Other

Property Introduction

Land Plot with Construction Viability - Ajuda (Lisbon)

Rural land plot eligible for reclassification as urban land, with a total area of 2000 m2. Excellent location, situated between the Ajuda University Campus (under expansion), the Liga Foundation, the Ajuda Volunteer Firefighters Association, and the Monsanto Forest Park. Further away but still sufficiently close is the National Palace of Ajuda. The plot has an approximate configuration of 22 m in depth and 55 m in usable width. Considering the other conditions and restrictions stipulated in Articles 49°, 53°, 54°, and 55° of the Lisbon Municipal Master Plan Regulation, construction of a five-story residential building—with a frontage of approximately 50 meters and a depth of 15 meters—is deemed feasible; the remaining portion of the plot would serve as open space. This development scenario complies with Article 54° of the Municipal Master Plan Regulation, specifically subsection c) of point 2), which states that the maximum Gross Utilization Index (GUI) is 2 m2/m2—thus permitting a total residential floor area of approximately 4,000 m2 across the plot’s full 2,000 m2. Please request our valuation.

Source: olx
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