Invest in the Future: Prestigious Land with Approved Project!

€850,000

1,873 m² Plot surface

Description

Discover a Unique Investment Opportunity! We present to you a singular plot of land, already with an approved project and ready to start construction. Located in an area classified as Urban Land in Low-Density Urban Space, this property offers extraordinary development potential. In addition to the existing structure, which, although unregistered, may be licensed for renovation, there is also the possibility to subdivide the land, respecting the conditions of the approved project. With a total area of 1873.30m², the lot is perfectly prepared and already has all essential infrastructures installed, including electricity and water, ready for immediate use. The maximum utilization index for the main construction is 25%, while the minimum permeability index is 0.50%. The property allows for the construction of up to two floors and an additional 20% over the total construction area, intended for storage, parking, and technical areas, supporting the main construction. Lot Details: Plot A: Lot Area: 1065.60m² Building Area: 180.87m² Building Footprint (Housing): 146.30m² Building Footprint (Annex): 34.57m² Total Construction Area: 263.07m² Construction Area (Housing): 228.50m² Construction Area (Annex): 34.57m² Plot B: Lot Area: 750.10m² Building Area: 180.87m² Building Footprint (Housing): 146.30m² Building Footprint (Annex): 34.57m² Total Construction Area: 263.07m² Construction Area (Housing): 228.50m² Construction Area (Annex): 34.57m² Common Area to Both Plots: 41.56m² Area to be Ceded to the Public Domain for Street Widening: 16.04m² The land also features two wells, providing a natural water source, ideal for future projects to be developed. The existing structure provides a solid foundation for a complete renovation or restructuring, which can be legally registered upon presenting a compliant project. Don’t miss this opportunity to invest in a property with unique development potential. Contact us for more information and to schedule a visit!

Engel & Völkers Sintra

+351 927 390 312

Your advisor: André Pereira

Property ID: W-02WN35

Location: Praia das Maçãs, Colares

Located in the prestigious area of Colares, this parcel is just a 15-minute walk from the stunning Praia das Maçãs. The location is highly desirable, with proximity to all essential services, shops, and infrastructure, and easy access to major highways, only 25 minutes away, providing quick access to Lisbon, the airport, and the coastal area towards Cascais. The region of Colares is renowned for its rich cultural and historical heritage, situated in one of the most charming areas of the Sintra coastline. Famous for its centuries-old vineyards that produce the distinctive Colares wine, the area also offers a tranquil environment and a deep connection with nature. Picturesque villages with local markets, traditional festivities, and typical architecture reflect the authentic Portuguese lifestyle. The proximity to Sintra, a UNESCO World Heritage site, further enriches the cultural experience, with its breathtaking palaces, castles, and landscapes.

Commission details

The exact conditions of the interior or exterior may differ from the presented photographs. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at all times, whereas we cannot be held responsible for this fact. This offer may be subject to errors, omissions, change of price or withdrawal without prior notice, for which we cannot be held responsible.