RESIDENTIAL DEVELOPMENT OPPORTUNITY CAMPO DE OURIQUE
LISBON OVERVIEW | CAMPO DE OURIQUE
JLL and C&W are pleased to present a great opportunity to invest in a development project regarding an existing building dated from the 20th century, located in Rua Maria Pia, next to one of the most attractive residential neighborhoods in Lisbon: Campo de Ourique.
The building is at a 5-minute walking distance from the lively market hall of Campo de Ourique and at a 2-minute walking distance from the block-shaped streets which offer a wealth great variety of restaurants and shops.
The Vendor has developed a project for a 7+1 story building with circa 2,270 sq.m GCA above ground.
The asset also includes a backyard with approximately 3,700 sq.m, with breathtaking views of Monsanto forest park and the Alcântara valley. KEY PERFOMANCE INDICATORS | CAMPO DE OURIQUE
The Vendor developed a project which foresees the partial demolition of the existing building and future conversion into a 7+1-story building with circa 2,270 sq.m GCA above ground and circa 1,900 s.qm indoor residential GPA distributed over 18 apartments.
GCA ABOVE GROUND* CURRENT AND FUTURE USE 2,270 sq.m Residential Building
INDOOR GPA* LICENSING 1,900 sq.m Recently submitted
NUMBER OF FLOORS BACKYARD 7+1 ABOVE GROUND 3,700 sq.m 7+1 floors
LOCATION TENANTS Rua Maria Pia 483-487, Lisbon Delivered without tenants
*According to the project developed by the Vendor. L O C A T I O N | CAMPO DE OURIQUE
The building is located in a strategic position in Rua Maria Pia, next to the block-shaped streets of the family-oriented neighborhood of Campo de Ourique and just a few steps away from Amoreiras, the Golden Triangle and the highway accesses to Cascais and the South of Portugal.
Amoreiras Shoping Centre Estrela Garden Amoreiras Square
Campo de Ourique Lycée Français Market Salesianos School
ASSET
Motorway to Cascais L O C A T I O N | CAMPO DE OURIQUE
Campo de Ourique is one of Lisbon’s most peaceful and charming residential neighborhoods, with a great weight of traditional commerce and high quality of life.
ASSET
ASSET LOCATION | CAMPO DE OURIQUE
Monsanto Forest Park is the largest green space in Lisbon, offering a wide range of events and outdoor activities for nature lovers.
MONSANTO
ASSET LOCATION | CAMPO DE OURIQUE
RUA SARAIVA DE CARVALHO
Unique location in the center of Lisbon with a good mix of Tradition and Quality of Life.
TEOFILO DE BRAGA PARK
AMOREIRAS SHOPPING & OFFICE CENTER PEIXARIA DA ESQUINA (Chef Vítor Sobral)
CAMPO DE OURIQUE MARKET
LYCÉE FRANÇAIS CHARLES LEPIERRE
Surrounded by schools and parks, close to many restaurants and traditional commerce. MONSANTO FOREST PARK THE PROJECT | CAMPO DE OURIQUE
The architectural proposal was developed in order to preserve the main façade and build a contemporary backyard facade with balconies and large windows facing Monsanto park.
Main facade – Architectural proposal Backyard facade – Architectural proposal THE PROJECT | CAMPO DE OURIQUE
URBAN ANALYSIS Licensing undertaken No Recently submitted at the CML Located inside Lisbon’s ARU (Rehabilitation Area) Development area Yes Construction with VAT @ 6% IMT and IMI exemption
Espaços Centrais e Residenciais – Traçado A Urban qualification - Plano de Urbanização de Alcântara
Urban Taxes Yes TRIU to be paid according to final project Next steps Licensing project under analysis by the CML
CURRENT FACADE
VIEW FROM TOP FLOORS MAIN FACADE PROPOSAL BACKYARD FACADE PROPOSAL THE PROJECT | CAMPO DE OURIQUE
ASSET CAMPO DE OURIQUE
LISBON
JLL and C&W have been retained by the Vendor to initiate a sales process. The Property is freehold and available by way of an asset deal. Any questions or requests for additional information should be directed, via e-mail, to the sales team. Access to a more detailed info pack with additional information will be provided upon execution of a NDA.
DISCLAIMER All information contained herein is from sources deemed reliable. However, no representation or warranty is made as to the accuracy thereof. The information contained in this document is subject to the investor’s legal and technical due diligence. Gonçalo Santos Ana Gomes CAMPO DE [email protected] [email protected] OURIQUE +351 910 216 042 +351 916 183 142
LISBON João Silveira e Castro Manuel Magalhães [email protected] [email protected] +351 969 445 526 +351 916 123 794
Pedro Simões de Abreu [email protected] +351 916 120 497