Building in total ownership for renovation, vacant, with PIP approved for construction of another floor. The building is currently divided into four apartments, two on the first floor and two on the second floor, with an area of 74 m2 on the first floor and 85.56 on the 1st floor. The approved PIP includes two dwellings: a 65 m2 one-bedroom apartment on the first floor and a 161 m2 three-bedroom duplex apartment, for a total gross floor area of 235.85 m2. This building is located in Estrela, one of Lisbon's most desirable areas, next to Jardim da Estrela. The location offers easy access to public transport - including the metro coming soon to Campo de Ourique, which is a 5-minute walk away, cafés, restaurants and all the infrastructure needed for everyday life, as well as proximity to one of the city's most beautiful green spaces. The building requires total renovation, making it an excellent opportunity to personalize and enhance the space. It's an ideal project for investors or anyone who wants a unique residence in one of Lisbon's most iconic neighborhoods. The Estrela area has a lot of charm and is very residential, being known for having a quiet atmosphere and which, despite its historical characteristics, is a noble neighborhood. The neighborhood has many tree-lined streets, pleasant squares and gardens, such as the 4.6-hectare Jardim da Estrela, one of the city's most beautiful green spaces, which is great for relaxing, picnicking or drinking a coffee by the lake on one of the terraces. Opposite is the Basílica da Estrela or parish church of Lapa, considered a national monument. Estrela also provides easy access to other iconic areas of Lisbon, such as Bairro Alto and Chiado, and has several schools nearby and all kinds of services, including supermarkets and a good range of restaurants. Energy Rating: F #ref:CV006