Worx e Savills have announced that they are co-exclusively brokeraging the only current available unit in the iconic Duque de Palmela 37 building, managed by Refundos Explorer.
With six floors of above-ground offices and private basement parking for 87 cars, Duque de Palmela 37 is one of the most prestigious assets in the Portuguese capital. Designed by renowned architect Miguel Ventura Terra, this building dates from the early 20th century and features a characteristic period façade.
The available fraction, on floor 3, has a total area (GLA) of 725 square metres (sq.m) and is organised in a mostly open-space format, with some offices, a raised technical floor, air conditioning system and suspended ceiling.
Located at Rua Duque de Palmela 37, this asset enjoys an excellent location in the centre of Lisbon, close to Avenida da Liberdade, one of the city’s main arteries, and Marquês de Pombal. The surrounding area is characterised by a strong public transport network, cycle paths and a wide range of shops and services. The asset’s privileged location also allows easy access to the city’s main roads, namely the A5, the 25 de Abril Bridge, CREL and CRIL, as well as an excellent public transport network such as the metro, buses, taxis and cycle paths.
For Sofia Carvalho Costa, Offices Consultant at Savills, “we are delighted to announce the sale of this, the only apartment block available in the Duque de Palmela 37 building. In an area of the market where there is a high shortage of product, this operation is particularly important, given the unequivocal potential of this building of excellence. This fraction is a unique opportunity for companies wishing to settle in one of Lisbon’s noblest areas.”
For Bernardo Zammit e Vasconcelos, Head of Agency at Worx, “assets of this quality and with levels of compliance with sustainability and innovation criteria are raising the bar for office space in Lisbon. Duque de Plamela 37 will make a difference in the sector and will certainly be a trend setter for organisations that want to offer the highest quality facilities – at all levels – to their employees.”
Published in Magazine Imobiliário on 15th November 2023