£5,976,592
Office for sale
Property photos
£5,976,592
€6,900,000 (€221.05/sq. ft)
Office for sale
Street Name Upon Request, Areeiro, Pt31,215 sq. ft
Local area information
Property location
Nearby amenities
Features and description
We present a solid investment opportunity in Olaias, an area undergoing strong requalification and enhancement in the city of Lisbon, with excellent access, proximity to public transport (including metro), and quick connection to the centre and the main universities.
This building, currently allocated to services and in use as offices, has a pip approved for conversion into a student residence, positioning itself as a strategic asset in one of the fastest growing segments in the real estate market.
Property Features
Gross Construction Area: 4,021 m2
Net Area: 2,900 m2
6 floors above threshold level
3 lower floors of parking
Unobstructed view, with excellent sun exposure
33 parking spaces
8 storage rooms
The building's volumetry and configuration allow for an efficient adaptation to the new residential program, maintaining constructive rationality and optimisation of areas.
Approved Project - Student Residence
The approved Request for Prior Information (pip) includes:
36 rooms
72 beds
Rooms with areas between 14 m2 and 19 m2
Large common areas for living
Shared coffee shop/kitchen
Reception
Terrace with 130 m2, intended for leisure and socialisation
The project was developed by a renowned architecture office, favouring comfort, functionality and operational efficiency, in line with the current standards of the student living segment.
Framework and Investment Potential
Olaias has been asserting itself as a strategic area of Lisbon, combining centrality, accessibility and prices that are still competitive compared to other more consolidated locations. The proximity to university centres, services, commerce and transport reinforces the attractiveness for national and international students.
The student residence market in Lisbon maintains a demand that is structurally higher than supply, which supports high occupancy levels and attractive profitability potential.
Highlights for Investors
pip approved - mitigated urban risk
Strategic location in an area under development
Balanced scale (36 units / 72 beds)
Strong yield potential and future appreciation
Active with versatility and structural strength
A differentiating opportunity for institutional investors, developers or specialised operators who want to position themselves in the student residence segment in one of the areas with the greatest growth potential in Lisbon.
Energy Rating: C
#ref:EDI_26
This building, currently allocated to services and in use as offices, has a pip approved for conversion into a student residence, positioning itself as a strategic asset in one of the fastest growing segments in the real estate market.
Property Features
Gross Construction Area: 4,021 m2
Net Area: 2,900 m2
6 floors above threshold level
3 lower floors of parking
Unobstructed view, with excellent sun exposure
33 parking spaces
8 storage rooms
The building's volumetry and configuration allow for an efficient adaptation to the new residential program, maintaining constructive rationality and optimisation of areas.
Approved Project - Student Residence
The approved Request for Prior Information (pip) includes:
36 rooms
72 beds
Rooms with areas between 14 m2 and 19 m2
Large common areas for living
Shared coffee shop/kitchen
Reception
Terrace with 130 m2, intended for leisure and socialisation
The project was developed by a renowned architecture office, favouring comfort, functionality and operational efficiency, in line with the current standards of the student living segment.
Framework and Investment Potential
Olaias has been asserting itself as a strategic area of Lisbon, combining centrality, accessibility and prices that are still competitive compared to other more consolidated locations. The proximity to university centres, services, commerce and transport reinforces the attractiveness for national and international students.
The student residence market in Lisbon maintains a demand that is structurally higher than supply, which supports high occupancy levels and attractive profitability potential.
Highlights for Investors
pip approved - mitigated urban risk
Strategic location in an area under development
Balanced scale (36 units / 72 beds)
Strong yield potential and future appreciation
Active with versatility and structural strength
A differentiating opportunity for institutional investors, developers or specialised operators who want to position themselves in the student residence segment in one of the areas with the greatest growth potential in Lisbon.
Energy Rating: C
#ref:EDI_26
More information
Listed by
Properstar
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