Cushman & Wakefield has been instructed exclusively to sell a unique piece of land in one of the best residential locations in down town Lisbon with the potential of becoming one of the most emblematic projects in the city.
Just a few minutes from the airport and the Marquês de Pombal, Campo Pequeno 34 has a Request for Preliminary Planning (PIP) approved for the construction of circa 39,600m² above ground. It is therefore a rare opportunity to promote a large-scale mixed use project in one of the capital's most noble and central areas.
In addition to the urban rehabilitation, which is now an unquestionable theme in Portugal as one of the forces that most contributes to the growth of the real estate market in Lisbon and Porto, the urban redevelopment through new construction will potentially be one of the greatest challenges for the coming years. In this new cycle of development of cities, there is clearly an increasing demand for opportunities that enhance the freedom to create new and distinct buildings and blocks, both in design and in conception.
For Ana Gomes, associate and head of the industrial and land department of Cushman & Wakefield in Portugal, "looking specifically at the city of Lisbon, this is a rare opportunity that allows the immediate execution of a new project in an increasingly strategic city center area of a European Capital, taking advantage of the current state of the economy and the very dynamic market conditions."