£5,971,285

(€221.05/sq. ft)

€6,900,000

Office for sale
Street Name Upon Request, Areeiro, Pt

    • 31,215 sq. ft

Added on 01/03/2026

About this property

    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 center 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 optimization 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 socialization
    The project was developed by a renowned architecture office, favoring 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 centers, 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 specialized 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

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