$561,735

FOR SALE: Building Land with Potential in Benfica, Lisbon Located on Rua Cidade de Rabat, in Benfica, this 233m² plot is located in a consolidated residential area, with excellent accessibility and strong demand for both housing and investment. Inserted in an Urban Rehabilitation Area (ARU), it represents a solid opportunity to develop a collective housing project or a student residence, also benefiting from tax incentives. Terrain Features Total land area: 233 m² Classification in the PDM: Central and Residential Space – Consolidated Urban Layout (Subcategory C) Surroundings with an average height of 5 floors Estimated buildability index: 2 Potential Gross Construction Area: up to 466 m² Inserted in ARU – possibility of access to tax benefits Construction potential: residential building (preferably T1 or T0) or student residence Advantages and Framework The location offers proximity to universities, public transport, commerce and services. The high demand for housing in this area makes this land an attractive option for both rent and resale, with a good prospect of appreciation and profitability. Technical Note It is recommended to submit a Right to Information Request or Prior Information Request (PIP) to the Lisbon City Council, for validation of the applicable urban parameters. The regulations regarding parking and other conditions must respect the RMUEL. Ideal for those looking to invest in a solid project in one of the areas with the greatest housing dynamics in Lisbon. Do you need financing support? We work with trusted partners, including credit intermediaries, to help you find the right solution for you. #ref:CB01-0654