Land for luxury project 6,145 sqm potential for 8-home condominium

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  • Video Watch
  • Property typeLand
  • Sale € 5.950.000
  • Area6145 m²
  • StatusUsed
  • CountyLisboa
  • TownCascais
  • Parish
    Cascais e Estoril
  • LocationEstoril
  • REFCY-C0811/26
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6145 m²
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C
 

Description

LAND FOR LUXURY PROJECT / 6,145sqm IN PINHAL DA MARTINHA / POTENTIAL FOR CONDOMINIUM OF 8 HOUSES
Excellent investment opportunity in Estoril: plot of 6,145sqm in Pinhal da Martinha, a few minutes walk from the Estoril Golf, with strong potential for the development of a condominium of 8 luxury homes for resale.
The land benefits from a consolidated location and a pine forest of centenary trees of botanical quality (density and character only comparable to the Lisbon Botanical Garden), which allows the creation of a development with a strong natural identity and high value.
Current situation:
Two existing houses (one from 1959 and the other from 1987) that can be integrated into the project, rehabilitated or demolished depending on the strategy
Current gross construction area of approximately 580-600sqm (with significant expansion capacity according to PDM and approved project)
Approximate current distribution:
House A (GROUND FLOOR): 145-150sqm construction + dependent areas
House A (1st): 162sqm construction + dependent areas
House B: 188sqm construction + dependent areas
Common areas and other land that complete the 6,145sqm
Development potential:
Condominium of 8 luxury villas with private gardens
Possibility of integrating or replacing existing constructions
Strong demand for quality products in this area (golf + pine forest + proximity to the beach and Cascais)
Opportunity to create a differentiated product with high resale value
Strategic location between Lisbon and Sintra, with quick access to beaches, shopping centres and main roads. Consolidated low-density residential area.
Come visit the land and make your proposal.

Location

Estoril, União das Freguesias de Cascais e Estoril, Cascais, Lisboa

Contacts

CY AFINEST
AMI License: 9585
Website: afinest.pt
Telephone: