Former Cova Palace in total ownership with a gross private area (GPA) of 1879.51 m² and an implantation area of 567.31 m², located on Calçada Do Cardeal next to Santa Apolónia and the National Pantheon. The property is vacant and could be completely remodelled. It has 4 floors, including the ground floor, 2 floors and an attic, and its original façade can be easily restored.The Palácio da Cova was built in the 16th century as the residence of the famous Cardinal da Mota (João da Mota e Silva), who was a minister of King João V. It was this Cardinal da Mota to whom this road, Calçada do Cardeal, where the entrance to the palace is located, was dedicated.In recent years, this building served as the headquarters of a transport company (Galamas), as well as a crèche for employees' children, a theatre, a bar/cafeteria and multiple storage rooms.It can be used as a warehouse and industrial activity, but it can also be converted into housing, hotels, restaurants and services. Excellent investment Located in the historic area of the city next to the river with great potential to be transformed into a boutique hotel, a luxury condominium or any other type of use.Topographical survey and plans available in the advert. Come and see the former Palácio da Cova and book your visit!We are Credit Intermediaries authorized by the Bank of Portugal under License No. 0006930. We take care of the entire credit process, always with the best solutions on the market and we guarantee quality support right up to the deed.Talk to us. Make your simulation here.