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 FeaturesGross Construction Area: 4,021 m²Net Area: 2,900 m²6 floors above threshold level3 lower floors of parkingUnobstructed view, with excellent sun exposure33 parking spaces8 storage roomsThe 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 ResidenceThe approved Request for Prior Information (PIP) includes:36 rooms72 bedsRooms with areas between 14 m² and 19 m²Large common areas for livingShared coffee shop/kitchenReceptionTerrace with 130 m², intended for leisure and socialisationThe 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 PotentialOlaias 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 InvestorsPIP approved - mitigated urban riskStrategic location in an area under developmentBalanced scale (36 units / 72 beds)Strong yield potential and future appreciationActive with versatility and structural strengthA 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

PropertyAreeiro (Portugal)
Price :
$7,883,200
($2,718 / m²)
Surface2,900 m²

Its assets

In detail

Energy Performance Certificate

GreenHouse Gas emission