Loures, Lisbon 2680-474, Portugal

MLS#: C0223-07548

$1,000,116 USD

€950,000 EUR

Minimum sellable space
1,352m²
The details

Property features

Date Updated: Oct 31, 2024

Area

Land/Lot size
1,352m²

Description

This urban plot, with a gross construction area of 1352m², offers enormous potential for real estate development in the Camarate area. Located close to Lisbon Airport, it has urban viability approved by the municipality, according to document no. 052/DRGU/DGU/GS/23. In addition, the property does not belong to the AUGI, as proven by municipal document 507/2023, guaranteeing total security in the licensing process.Inserted in the Urban Rehabilitation Area (ARU), it benefits from tax incentives and support for rehabilitation, which increases the profitability of the investment.One of the great advantages of this plot is the possibility of using a further 1,352m² for underground parking spaces, giving the project even more flexibility. It is feasible to build 30 one-bedroom apartments, making it ideal for a high-demand residential project on the capital's doorstep.The proposals and drawings presented are non-binding, allowing you to develop a project tailored to your needs and guaranteeing an excellent return on investment.If you're looking for a unique opportunity with great upside potential, this is the land for you!

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Location

Loures, Lisbon 2680-474, Portugal
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