Areeiro, Lisbon

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