Analyzing Buyers' Preferences in Lisbon Real Estate Housing Market

Total Page:16

File Type:pdf, Size:1020Kb

Analyzing Buyers' Preferences in Lisbon Real Estate Housing Market Analyzing buyers’ preferences in Lisbon real estate housing market Parish of Estrela, Campo de Ourique, Santo António, Misericórdia, Santa Maria Maior, Alvalade, Areeiro e Avenidas Novas Maria Rebelo Monteiro Dissertation to obtain the master’s degree [email protected] Civil Engineering May 2019 Instituto Superior Técnico ABSTRACT Keywords: After a period of economic crisis, with the recovery of economic activity and the fact that Lisbon has become a destination for real estate investment from foreigners, the real estate Real estate market market is in a phase of accelerated growth. Attributes As not much is known about the attributes that influence the transaction value of the property, Lisbon Transaction Value this study intends to identify these attributes and quantify the weight of its influence in that same value. For this purpose, a characterization of the case study was first carried out and then a statistical analysis was developed based on five methods: One-Way ANOVA, Linear Regression, Nonlinear Regression, Generalized Linear Models and Neural Network using the software SPSS Statistic. This study was developed using a database with the registration of the normalized transaction values of properties sold in the last 10 years in Lisbon (2008- 2017). It was concluded that for zone 5-Estrela and Campo de Ourique and for zone 6–Centro Histórico, similar results were obtained and the following attributes were identified as having influence on the transaction value of the property: area, the buyer, whether the property was abandoned at the time of purchase, condition of the property and typology. The condition of the building in zone 5 and the onus in zone 6, were also identified as influential. Whereas for zone 7–Avenidas Novas the following attributes were identified: condition of the property, year of construction and parish. At the end of this study, expectations were confirmed regarding market behavior in the different zones. 1. INTRODUCTION policies. As long-term investments, uncertainty and The choice of this theme is because the real estate risk tend to be higher. This raises the need to evaluate market in Lisbon is in a phase of accelerated growth. the real estate property and give it a value. The value After a period of economic crisis where many families of a good in accordance with the International postponed the decision to buy a home, with the Valuation Standards Committee (IVSC) (2007) is: recovery of economic activity and the maintenance of “Market value is the estimated amount for which an interest rates at historical lows, with improvements in asset should exchange on the date of appraisal access to housing credit, and the fact that Lisbon has between a willing buyer and a willing seller in an arm’s become a destination for foreign real estate length transaction after proper marketing wherein the investment, that saw an opportunity in the Program parties had each acted knowledgeably, prudently and "Residentes não habituais" and Golden Visa. Added without compulsion.” to this context of economic optimism was a strong The value of a property in the market is influenced by demand for properties for placement in the rental a set of attributes that can be divided into three market motivated by tourism, and for first-house rental categories [1], [2]: i) physical attributes; ii) location with the change of the local accommodation law and attributes; e iii) neighborhood attributes. The physical the rental law, thus creating a perfect storm, a boom attributes refer to the property itself and describe the of the real estate market. physical characteristics of the property, such as for LITERATURE REVIEW example, the number of rooms, the area of the A market is a system where buyers and sellers come property and whether it has a fireplace. The location together to trade goods and services through pricing attributes describe the geographical characteristics of mechanisms. The real estate market has specific the property, such as the distance to different types of characteristics that are very different from other public transports and the distance to the city center. economic sectors, since it mobilizes large capital for Neighborhood attributes are the most difficult to each unit. The exploitation cycle is long and with high quantify, since these attributes describe the influence costs of operation and maintenance beside the fact of surrounding areas on the value of property, such as that a real estate property is a unique good, hardly for example, the quality of schools and the crime rate divisible and subject to administrative or political [3]. 1 The area of the property is referenced in the studies in transport does not influence the value [19]. In Seoul, two ways: directly by using its absolute value or the distance to the subway is insignificant for the value indirectly by using the value per square meter. The use of the property, since Seoul has a very developed of the value per square meter makes it possible to metropolitan network that covers practically the whole compare properties of different areas and thus to city [20]. In Amsterdam, Rotterdam and Enschede, not study the influence of other attributes that would be only the influence of distance to the nearest train diluted if the area was studied as an attribute. When it station was studied but also the distance to the most appears as an attribute it is the parameter that most frequently chosen train station in the area where the influences the value of the property [2], [4]. In most property is located. It was concluded that the second studies, the area positively influences the value of the influences more the value of the property [21]. property [5]. Besides the area of the property, the lot The view is an attribute that depends on the location area values the property with its effect on the value of of the property, and it is an attribute that in most the property studied in several cities as in Orem and studies values the property but which can also devalue Provo, Utah [6] or in Charlotte, North Carolina [7]. it depending on the type of view. Regarding the age of the property, it is one of the The neighborhood attributes are the most difficult to attributes that most studies point to as one of the quantify and aim at characterizing the neighborhood factors that most influence the value of the property. where the property is located, since these factors also This characteristic generally negatively affects the influence the value of the property. value, meaning that the buyer is willing to pay more for Several authors present a classification for these a newer property [3], [8]–[11]. attributes, dividing them into three categories [2]: Another attribute that influences the value of the socio-economic variables that characterize neighbors, property is the floor in which it is located. If the building such as average income and literacy; variables that has an elevator the higher the floor is, the more it is measure the quality of public services such as schools valued [12]. The number of rooms is another feature and hospitals; externalities such as crime rate, air of the property that most articles point to as one of the quality and noise pollution. factors that most influence the value of the property The average income of the neighborhood, is an [4]. As one additional room implies a larger area of the attribute that according to a study carried out in property, this attribute has a positive impact on the Istanbul, influences the value of the property. The value of the property [13]. As the number of rooms, the higher the average income of the neighborhood is the number of bathrooms, is also a variable that most higher is the value of the property [22]. studies indicate as one of the variables that most Literacy is another socioeconomic attribute that influence the value of the property [6]. Several studies influences the value of a property, for example, in in different cities of the world such as, Milwaukee, Roanoke, Virginia a higher percentage of population Wisconsin [8], in Douglas County, Nebraska [14], in with higher level of education values the property [23]. Charlotte, North Carolina [7] and in Istanbul [13] come The quality of schools in the vicinity of the property is to the conclusion that the number of bathrooms has a an attribute that increases its value [3], [24]. It is positive effect on the value of the property. concluded that the proximity to a school, positively A property having a garage is an attribute that influences the value of the property especially in positively influences its value [6], [10]. A building disadvantaged neighborhoods where the proximity having an elevator values the property, for example in has a greater influence than the quality of schools [20]. Athens, the lack of an elevator in the building In relation to the proximity to a hospital, a study carried devaluates the property by 11 176 € [10]. out in Seoul, concludes that it devalues the property, One of the main factors to evaluate the location of a as this proximity is not desirable due to the congestion property is its distance from the city center, and the caused by the noise of ambulance sirens and also due greater the distance is, the greater the devaluation of to superstitions [25]. the property [15]. Criminality, for example, the rate of home burglaries, Accessibility to public transport is an important has a negative effect on the value of the property, and determinant of the value of the property and can be buyers of the higher quality range give slightly more quantified through the availability of transport, cost, importance to this attribute than buyers of real estate travel time and transportation convenience [16].
Recommended publications
  • Recomposições E Representações Sociais Das Avenidas Novas Numa
    X Congresso Português de Sociologia Na era da “pós-verdade”? Esfera pública, cidadania e qualidade da democracia no Portugal contemporâneo Covilhã, 10 a 12 de julho de 2018 Secção/Área temática / Thematic Section/Area: Territórios: Cidades e Campos Recomposições e representações sociais das Avenidas Novas numa cidade em transformação Recompositions and social representations of Avenidas Novas in a transforming city PINTO, Fernando; ISCTE-IUL; CIES, CP; Lisboa; Portugal; [email protected] Resumo As Avenidas Novas assinalaram uma viragem decisiva no tempo e no modo da expansão urbana de Lisboa, no começo do século XX, sustentando um movimento de ampliação para norte, a partir das coordenadas do plano urbanístico liderado por Ressano Garcia. Associadas desde cedo a uma forte especulação imobiliária, patente na dissonância de tipologias construtivas e na ausência de um plano arquitetónico de conjunto, ficaram também marcadas pelo facto de se terem constituído num dos eixos estruturantes de dilatação do centro funcional da cidade, sofrendo os impactos da terciarização e do uso generalizado do automóvel sobre as suas acessibilidades fáceis. Apresentam-se aqui os primeiros resultados de uma investigação, relativos à história das Avenidas Novas e suas recomposições espaciais. A pesquisa contempla ainda uma contextualização sociodemográfica e socioeconómica e tem o seu foco nas representações sociais sobre esta área da cidade. Palavras-chave:Avenidas Novas; expansão urbana; reconfiguração espacial; mobilidade espacial. Abstract Avenidas Novas marked a turning point in the time and mode of urban expansion in Lisbon at the beginning of the twentieth century, sustaining a movement of expansion from de coordinates of the urban plan led by Ressano Garcia to the north.
    [Show full text]
  • Accommodation in Lisbon for Exchange Students 2017-2018
    ACCOMMODATION IN LISBON FOR EXCHANGE STUDENTS 2017-2018 Students are recommended to make appropriate enquires and take appropriate advice before sending money, incurring any expense or entering into a binding commitment in relation to an advertisement. Nova School of Business and Economics is not responsible for the websites and advertisements published below. Please, be careful. 1 –WEBSITES: http://www.inlifeportugal.com/ https://uniplaces.com/university/lisbon/nova-school-of-business-and- economics www.uhub.eu https://www.collegiate-ac.com/uk-student-accommodation/lisbon http://www.ninestudentliving.com/ www.erasmuslisboa.com www.lisbonrooms4students.com http://www.uniplaces.com https://www.facebook.com/studentscornerpt htt://eurasmus.com/ www.lisbonrooms.com http://lisbon4rent.blogspot.pt www.casaalfacinha.com http://www.travelingtolisbon.com http://www.bit.ly/univhousLX www.LisbonLx.com www.thisislisbonhostel.com www.housingexchange.it www.bquarto.pt http://lisbonerasmusflat.blogspot.com www.rent4days.com www.erasmate.com http://www.jardimdesantoshostel.com www.residencia-estudantes-lisboa.com http://www.facebook.com/home.php?#!/ErasmusLisbonFlat?ref=ts http://www.want.com.pt/accommodation.htm https://www.facebook.com/se.students.experience/ https://www.facebook.com/lisbonflatslovers/) http://placetostay.pt/ http://erasmuspalacelisbon.com/ https://housinganywhere.com/ https://casa.sapo.pt/en_GB/ http://www.remax.pt/default.aspx?selmode=residential www.roomlala.com http://www.ondacity.com/ 1 2- OFFERS Offer 1 ALUGA-SE FOR RENT Caract. Quartos ou apartamento Furnished rooms or (110 m2) mobilado e com apartment (110 m2) electrodomésticos Layout 5 quartos, 1 sala, 2 casas de 5 bedrooms, 1 living room, 2 banho toilets Localização Location Rua Carlos Mardel, junto à Alameda Underground Alameda (5 min.
    [Show full text]
  • Discover Lisbon with Our Guide!
    The 7th Conference of European Survey Research Association welcomes you to the fashionable city of Lisbon! Lisbon, the most westerly capital in mainland Europe, is one of the few cities in the world to offer a unique natural landscape. It’s for sure one of the most impressively located, with a series of hills facing the Tejo estuary, one of the sunniest and probably one of the least expensive cities to discover. Being a city built on hills, from the various belvederes, installed in the highest points, can enjoy breathtaking views. We highlight the castle of S. Jorge, where we reach the cacilheiros in their crossing to the south bank, the 25th April bridge, Rossio, Carmo convent, Bairro Alto, Eduardo VII park, among other points of the city. Alongside the old city, with a very rich heritage, Lisbon is also a modern city that has been renewed in new cultural and leisure proposals. In this document you can find out more about the places you cannot miss in this city – excursions, restaurants and bars, among others. Index What to see & Where to walk............................................................................................... 4 Tram 28E route – the best way to know Lisbon ......................................................4 Prazeres cemetery ..........................................................................................................6 Santo Condestável Church ..............................................................................................6 Basílica da Estrela and garden .......................................................................................6
    [Show full text]
  • The Working-Class Houses and Its Insertion in Urban Areas
    THE WORKING-CLASS HOUSES AND ITS INSERTION IN URBAN AREAS THE 33 MUNICIPAL CASE STUDIES OF THE CITY OF LISBON _________________________________________________________________________________ José Miguel Moreira Correia ABSTRACT The purpose of this study is to analyze the insertion of 33 municipality working-class houses of in the urban fabric of the city of Lisbon. The methodology adopted was based on the Spatial Syntax theory by using the measurements of choice and integration in a Geographic Information Systems environment. The first step was the analysis of 33 cases studies with normalized angular measures of integration and choice, from the global scale to the local scale with radii of 400 m, 800 m, 1200 m and 2000 m respectively. The second step was a detailed analysis based on the adjacency of the spaces from the public street to the dwellings for a subset of 4 working-class houses, selected due to their type-morphological diversity. From the first analysis (the 33 study cases), it was possible to conclude that the patios and the workers' villages have high insertion values in the neighborhood, highlighting the idea that this type of construction intended to promote the proximity of the dwellings to the factories. At the global level the insertion value is weaker, however with a positive growth trend in the period analyzed (1871 - 2005). For all study cases it was verified that the courtyard acts as an aggregating element of the collective space, although it can be accessed in very different ways, which in translates into a proper identity for each patio/village worker. Keywords: Workforce housing Space Syntax analysis Urban morphology Housing GIS November 2018 INTRODUCTION This work is part of a protocol established between the Instituto Superior Técnico (IST) – CERIS research center and the Municipality of Lisbon to study the 33 municipal working-class houses.
    [Show full text]
  • International Literary Program
    PROGRAM & GUIDE International Literary Program LISBON June 29 July 11 2014 ORGANIZATION SPONSORS SUPPORT GRÉMIO LITERÁRIO Bem-Vindo and Welcome to the fourth annual DISQUIET International Literary Program! We’re thrilled you’re joining us this summer and eagerly await meeting you in the inimitable city of Lisbon – known locally as Lisboa. As you’ll soon see, Lisboa is a city of tremendous vitality and energy, full of stunning, surprising vistas and labyrinthine cobblestone streets. You wander the city much like you wander the unexpected narrative pathways in Fernando Pessoa’s The Book of Disquiet, the program’s namesake. In other words, the city itself is not unlike its greatest writer’s most beguiling text. Thanks to our many partners and sponsors, traveling to Lisbon as part of the DISQUIET program gives participants unique access to Lisboa’s cultural life: from private talks on the history of Fado (aka The Portuguese Blues) in the Fado museum to numerous opportunities to meet with both the leading and up-and- coming Portuguese authors. The year’s program is shaping up to be one of our best yet. Among many other offerings we’ll host a Playwriting workshop for the first time; we have a special panel dedicated to the Three Marias, the celebrated trio of women who collaborated on one of the most subversive books in Portuguese history; and we welcome National Book Award-winner Denis Johnson as this year’s guest writer. Our hope is it all adds up to a singular experience that elevates your writing and affects you in profound and meaningful ways.
    [Show full text]
  • The 5 Best Restaurants with a Cool LISBON ATMOSPHERE
    The 5 best 13 TABERNA MODERNA Located on the edge of Alfama, Taberna Rua dos Moderna is literally what the name restaurants with a cool Bacalhoeiros 18A means in Portuguese, namely a modern Baixa ➅ tavern. The owners were inspired by the LISBON ATMOSPHERE +351 21 886 5039 traditional small restaurants that you www.tabernamoderna. find all over the city, but they added a com contemporary touch to the concept. 14 THE DECADENTE The brainchild of the Eça Leal brothers, 11 100 MANEIRAS 100 Maneiras is owned by Ljubomir Rua de São Pedro de The Decadente is attached to their Largo da Trindade 9 Stanisic, a Sarajevo-born and Belgrade- Alcântara 81 award-winning hostel. This is one of the Chiado ➅ raised chef. The atmosphere is one of Chiado ➅ city’s hotspots, with an eclectic vibe and +351 91 030 7575 the best in town and the food lives up +351 21 346 1381 an international crowd, which ensures a www.restaurante the expectations as well, with dishes www.thedecadente.pt great atmosphere every single night. 100maneiras.com inspired by the culinary traditions of Portugal, France and Yugoslavia, but 15 SANTO ANTÓNIO This three-storey restaurant has an with a daring twist. It’s the trademark of DE ALFAMA amazing location. Try to get a table on Ljubomir, who refuses to feel inhibited Beco de São Miguel 7 the exceptional outdoor terrace (first out of respect for the past. Alfama ➆ come, first serve), set in a small alley +351 21 888 1328 covered with grapevines, where local 12 MINI BAR Star chef José Avillez opened this www.siteantonio.com residents go about their lives in the Rua António Maria gastropub in a former theatre around adjoining houses.
    [Show full text]
  • Alvalade Lumiar Olivais Areeiro Avenidas Novas São Domingos De
    jes l R l s La u u A a a S a A v id a d - L eira e V ag te u l rr n e ro inh r í a Fe id rt ei Az o s m ldo a ua ib N d rna D R o e e ua A E ua do ix F d R ug R n E l ta r a é rla u i e n O e-S R it d i r rt ta a a o o o n s d ss o N Sa B s e e ix l a f a E t r L o ç ie i a A r a n n i P r l a n n a G u R c d u s D o o h r e -S a r a R p u a i a o te t d L r R e s e o n o b d a N i d n s o a na u x e r o i S R e E F S l T a e o d e i o u i R o a r d n r é e p e fr S l R a s A m f. D o o u a io r a ríc d P a a at i t S P a R A u u c u s la a R o is e i b u R o i ad e r L h V R a a l C á Ru n R o u S L o o M a u c d a t u i s a s c A l a de s í a ra e s e e u do F ar R e l ga v d z ha e n zin Ta R D h A P a u R x r R a a ilv n u r a a u ° S l a E a T o u a a n R s a c o M d a t M c A s o b r u o á á e e r i m L R s r r D d i i C a o o P r e l a r C E b a o e a s M a z ve a r l c h l r o C ís h o s Lu t a a o o - g a r u t l a h L e l y r - L c g i a c m - R e - a u Av S o enid a E R d u t e ai a l nha m Do l n n o a a i Am s e éli x a e a e Olivais a t b M o C m r A a o a C o r o a t v n P r i i e u r L u o n a B e R o t i d M r l a n a M o ó o u l t t d n a r l R - A r - o A Lumiar - A q p a - l a u a u o E e r m a u R reir d i e e s P x R a e st R Co o A a d d u sé o o J C a a Ru a s a e d e J r n r e a o o e t i R d s R s u r a r a P P a ro é L u f.
    [Show full text]
  • Info Maio 19
    FCGM - Soc. de Med. Imob., S.A. | AMI 5086 Realtors - Med. Imob., Lda. | AMI 5070 ŽůůĞĐƟŽŶŚŝĂĚŽͬ>ƵŵŝĂƌͬĂƉŝƚĂůͬDŝƌĂŇŽƌĞƐͬŽƵŶƚƌLJƐŝĚĞͬDĂƐƚĞƌDŝŶĂƐ'ĞƌĂŝƐ͕ƌĂƐŝů infosiimgroup www . siimgroup . pt MAIO2019 RESIDENCIALRELATÓRIO infosiimgroup Estatísticas SIR-RU Relativas ao 1º Trimestre de 2019 No 1º trimestre de 2019, nas 17 freguesias cobertas pelo SIR-RU em Lisboa, realizaram-se mais de 2 mil transações. Da leitura dos dados disponibilizados e que são os primeiros relativos ao mercado em 2019 verifica-se preço médio por m2 ainda com valorização face ao período homólogo anual mas com queda significativa (cerca de 8%) em termos de variação semestral, variação que é ainda mais significativa em termos de valor total de transacções, o que confirma a reorientação para imóveis de valor menos elevado Por freguesias , apenas Marvila (de longe com maior valorização nos últimos 6 meses - 25%), Penha de França (11%), Avenidas Novas e Campo de Ourique (ambas 9%) continuam dinâmicas sendo as Avenidas Novas ainda a freguesia que apresenta de longe o valor médio por transacção mais elevado o que se explica por ter um parque de imóveis de áreas superiores. Lisboa Valor / Transacção € / m2 - Média Total 344 333 € 3 723 € Avenidas Novas 576 183 € 4 280 € Sto António 489 031 € 5 033 € Sta Maria Maior 400 974 € 4 857 € Misericórdia 392 674 € 4 648 € Belém 391 761 € 3 459 € Estrela 370 299 € 3 978 € Campo de Ourique 370 273 € 4 068 € Alvalade 342 484 € 3 461 € Areeiro 341 768 € 3 474 € Arroios 326 163 € 3 542 € S Vicente 255 779 € 3 617 € Campolide 241 136 € 3 100 € Alcântara 230 360 € 3 095 € Penha de França 212 887 € 3 022 € Ajuda 203 095 € 2 928 € Marvila 166 558 € 2 057 € Beato 126 753 € 2 260 € 01 RESIDENCIALRELATÓRIO infosiimgroup INE Publica Estatísticas de Preços da Habitação ao nível local do 4º trimestre de 2018 Lisboa (+23,5%) e Porto (+23,3%) registaram as taxas de crescimento homólogo mais elevadas entre as cidades com mais de 100 mil habitantes.
    [Show full text]
  • Info Julho Agosto 19 EN
    FCGM - Soc. de Med. Imob., S.A. | AMI 5086 Realtors - Med. Imob., Lda. | AMI 5070 ŽůůĞĐƟŽŶŚŝĂĚŽͬ>ƵŵŝĂƌͬĂƉŝƚĂůͬDŝƌĂŇŽƌĞƐͬŽƵŶƚƌLJƐŝĚĞͬDĂƐƚĞƌDŝŶĂƐ'ĞƌĂŝƐ͕ƌĂƐŝů infosiimgroup www . siimgroup . pt JULY/AUGUST2019 RESIDENTIALREPORT infosiimgroup Market in a consolidation period The market is in a period of consolidation, with the foward indicators looking like the PHMS (Portuguese House Market Survey), which measure the opinion of a panel of professionals in the market, confirming a slowdown in the number and value of transactions together with the lowest expectation for the next 12 months since the upturn in the cycle in 2013. Until the end of the year we will still be seeing the publication of very positive figures but which for the most part, in the case of used premises, relate to deals concluded in 2018 and, in the case of new buildings purchased “off-plan”, to deals concluded in some case more than 18 months ago. It is the case of the results published by the INE (National Statistics Institute of Portugal) or the base of Confidencial Imobiliário SIR (Residential Information System) which relate to the information of the Inland Revenue or pre-emption rights of the CML (Lisbon City Hall), when the deed is signed. On the other hand the database of the SIR-RU (Residential-Urban Renewal Information System) relates to sales at the time of closure of the deal and so, if there is an inflection in the market, it will be in this one where it will be felt soonest. Having made this caveat for interpreting the results, we would nevertheless emphasise that the statistics on local prices recently disclosed by the INE (25 July) allow the following conclusions to be drawn: In the period of 12 months ending on 31 March 2019, all Portuguese cities with more than 100,000 inhabitants (those covered in this study) presented positive change in the median for €/m2 compared with the previous period (31.3.2017 to 31.3.2018).
    [Show full text]
  • Portugal Lisbon 3 18
    PROPERTY PORTFOLIO PORTUGAL LISBON 3 18 16 INTENDENTE 15 7 12 11 10 MOURARIA 4 PRÍNCIPE REAL 5 2 14 BAIRRO ALTO BAIXA 8 ALFAMA 17 SANTOS CHIADO LAPA 9 1 13 CAIS DO SODRÉ BELÉM 6 1 Alcântara 31 10 Alegria 25 2 Santa Helena 11 Jardim da Glória 3 Castilho 203 12 Largo 57 4 Odeon 13 Olival 6 5 Rossio 93 14 Fábrica 21 6 Unique Belém 15 Salitre 183 7 Casas d’Ourique 16 A’Tower 8 Ivens 17 Palácio Ficalho 9 Vitor Cordon 38 18 Sottomayor Premium Apartments ALCÂNTARA 31 ALCÂNTARA, LISBON €355,000 – €945,000* 1-3 bedrooms 60-145 sqm Q4 2019 Steps away from the Tagus river and the marina of Alcântara, - Situated in a dynamic & growing neighbourhood this project is surrounded by green spaces and cultural hubs. - Dual face apartments & lots of natural light A vibrant and up-and-coming neighbourhood, these modern - Near the Tagus river, the 25 of April Bridge & transport links apartments are a great opportunity for investment. - Walking distance to gardens, restaurants & LX Factory - Close to some of the best schools & private hospital - Strong capital gains & good rental yields *Latest availability on request SANTA HELENA ALFAMA, LISBON €790,000* 1 bedroom 92 sqm Q3 2019 Located in the historic district of Alfama, the iconic - Exquisite apartment in the historic centre of Lisbon Palace of Santa Helena, a highlight in any postcard of the - Original architecture & preserved tiles neighbourhood, is going under a fully transformation. The - Charming balcony with views over the river palace dates back to the 16th century and it was the former residence of Condes de São Martinho for four centuries.
    [Show full text]
  • Campo De Ourique
    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.
    [Show full text]
  • Lavagem De Ecopontos
    Lavagem de Ecopontos De 21 a 24 de Dezembro de 2020 Alcântara R Cozinha Económica, Junto n.º 30 K Alcântara R José Dias Coelho, Ft 1 Alcântara R Luís de Camões (Santo Amaro), fte 102A Alvalade Cp Grande, Num 250 - 252 Alvalade Lg Frei Heitor Pinto, Crzt Av Rio de Janeiro Alvalade R Aprígio Mafra, no início Jt à parede cega Alvalade Av. Rio de Janeiro - Estacionamento Mercado Alvalade Areeiro Av de Roma, Forum Lisboa Areeiro Av Guerra Junqueiro, Crzt Praça de Londres Areeiro Av Guerra Junqueiro, Frente nº 1 Arroios Lg Intendente Pina Manique, jt à Tv do Maldonado Arroios R Francisco Sanches, Ft 180 Arroios Pc Olegário Mariano Arroios R Ângela Pinto, Jto ao Mercado Arroios R José Falcão Arroios R António Pedro, Junto ao 41 Arroios Pc das Novas Nações, ft 1 Arroios R Visconde de Santarém, ft 75 cruz. Rua Rovisco Pais Arroios Av Praia da Vitória, Ft Garagem nº 7 Arroios R Passos Manuel - Jardim Contantino Arroios Lg Santa Bárbara, lugares de estacionamento Arroios R Dona Estefânia, Fte nº 129 Arroios R de Timor, Ft 4 Arroios R de Moçambique, Ft 14 Arroios R Álvaro Coutinho, frt. nº 6 Avenidas Novas Cp Pequeno, Ft 20 Avenidas Novas Av Miguel Bombarda, Crzt Av Conde Valbom Avenidas Novas R Beneficência, Ecoliha Subt Jt Filipe da Mata Benfica R República da Bolívia, fte16 Benfica R Dom António Caetano de Sousa, fte 15A Campo de Ourique Av Engenheiro Duarte Pacheco, Ft Amoreiras - Jt CGD Campo de Ourique R Saraiva de Carvalho, Ecoilha sub. Czt R da Arrábida Campo de Ourique R Sampaio Bruno, junto ao nº 14 Campolide R Doutor Júlio Dantas, Ft à escola Carnide Lg Jogo da Bola, Frente Nº13 Carnide R Adelaide Cabete, Jto 3 B Carnide R Maria Brown, estacionamento Jardim Carnide R Públia Hortênsia de Castro, Próximo ao nº 2 Carnide R Adelaide Cabete, Frente nº2 Carnide Rua Padre Américo - Estacionamento Estrela Lg Santos, EcoIlha Subterrânea Estrela R Domingos Sequeira, Fte 74 Estrela R Borges Carneiro, Ft 65 Estrela R das Francesinhas, Ft.
    [Show full text]