38,750 Square Meter Plot of Land for Sale in Lisbon’s Campo Pequeno

13 June 2018

The Imovalor Fund is selling the plot of land at 34 Campo Pequeno in Lisbon, which has already received approval for the construction of an allotment of about 38,750 square meters (m2) above ground, of which 27,000 m2 would be for housing.

This is “a rare opportunity to develop a large-scale mixed-use project in one of the capital’s most exclusive and central areas,” says Cushman & Wakefield (C&W), which was awarded the exclusive mandate to market the property. According to the real estate consultancy, it “has the potential to become one of [Lisbon’s] most emblematic projects.”

According to Ana Gomes, associate and director of C&W’s Development and Rehabilitation department in Portugal, “this is an unparalleled development opportunity that allows the immediate execution of a new, large-scale project in an increasingly strategic area for its centrality, taking advantage of [Portugal’s] strong economy and very dynamic market conditions.”

Original Story: Idealista

Translation: Richard Turner