Engel & Völkers

Land with great investment potential | Estoril

€750,000
  • 4,553 m² Plot surface

Description

The land in question presents considerable potential for real estate development, as a building permit has already been granted for a senior residence. With a total area of 4,550 m² and a construction feasibility of 2,230 m², there are several interesting options for utilizing this space. Among the possibilities for land use, the following stand out: Senior Residence: With the license already granted for this purpose, building a senior residence seems to be the current plan. This type of venture would meet the needs of the elderly in the area by providing care, accommodation, and recreation services. School: It would be feasible to consider building a school. This could range from a daycare center to a primary or secondary school. Nursing Home or Retirement Home: Similar to the senior residence, but perhaps with a different focus on the services offered or the target audience. Small-Scale Hotel: A small hotel could be an interesting option. This could include facilities for conferences or events. Student Residence: A student residence could be a profitable option. Other Services: Other types of services could be considered, such as medical clinics, gyms, coworking spaces, etc.

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Engel & Völkers Cascais

Your advisor: Paula Barbosa

Property ID: W-02UXUJ

Property details

Object type

Site

Plot surface

4,553 m²

Location: Estoril, Lisbon

Alapraia captivates with its welcoming atmosphere and cobblestone streets leading to golden sandy beaches and panoramic views of the Atlantic. Our exclusive selection of properties reflects the beauty and authenticity of this locale, from charming country homes to elegant seaside apartments. With a variety of leisure and entertainment options within reach, such as world-class golf courses, award-winning restaurants, and scenic trails, Alapraia is more than just a tourist destination - it's a desired lifestyle for many.

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Your shop

Engel & Völkers Cascais

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Provider:

SOPC 4 - Atividades Imobiliarias, Lda.

License partner of Engel & Völkers Residential GmbH

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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