Figueira Da Foz, Coimbra 3080-228, Portugal

MLS#: C0372-01271

$3,002,346 USD

€2,800,000 EUR

Type
Apartment
Bedrooms
16
Bathrooms
4
Home/Lot size
524m²
The details

Property features

Date Updated: Oct 29, 2024

Construction details

Year built
1951

Area

Property size
524m²
Land/Lot size
10,570m²
Bedrooms
16
Bathrooms
4
Total rooms
20

Description

We present a unique investment opportunity in Buarcos, Figueira da Foz, involving a plot of land divided into three distinct articles, one of which covers a historic building with high potential for rehabilitation. Located in an area of recognized real estate value, this project represents a strategic combination of residential and tourist development.The land is segmented into three articles, with two parcels intended for residential construction and one including a historic building.According to the Figueira da Foz PDM, the residential plots are in a type I housing area, allowing the construction of up to 60 housing units/dwellings.The article that includes the historic building offers a unique opportunity for rehabilitation and transformation into a hotel, enriching Buarcos' tourist offer and enhancing the region's architectural heritage.The possibility of converting the building into a hotel not only preserves its historical essence but also introduces a differentiating element into the local tourist market, attracting visitors and promoting the sustainable development of the area.There is room for innovation in housing design and the rehabilitation of the historic building, with the potential to incorporate sustainable practices that enhance the value and attractiveness of the project.The privileged location close to the beach increases the residential and tourist potential of the land, taking advantage of the natural attractiveness of Buarcos.Excellent connectivity with Buarcos' main roads ensures convenient access to Figueira da Foz's points of interest, broadening the resort's appeal.This land in Buarcos, with its strategic division and the inclusion of a historic building with potential for a hotel, represents a diversified investment opportunity for visionary builders and investors. The combination of residential and tourism development in this highly desirable location promises significant results in terms of return on investment and enrichment of the local community.

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Location

Figueira Da Foz, Coimbra 3080-228, Portugal
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