€390,000

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INVESTMENT Project for 4 Dwellings Urban Land with 2,940 m² Lagoa de Albufeira

Architectural project for a condominium of 4 single-story dwellings currently under review by the Sesimbra

Some land is purchased for its location.

Others for its development potential.

This one combines both.

With a total area of 2,940 m², entirely urban, this property is located in one of the most sought-after areas of Lagoa de Albufeira, where the scarcity of land for residential development makes each opportunity particularly relevant.

In 2021, an architectural project was approved for the construction of a condominium comprising four single-story dwellings, with a gross construction area of approximately 600 m², including the land contributions provided for in the Lagoa de Albufeira Urbanization Plan.

The approval eventually expired as it was not implemented within the legal timeframe. However, the same architectural project was resubmitted to the Municipal Council in early 2024 and is currently under review. Any decision regarding its approval will naturally depend on the competent authorities.

More than just land, this is an opportunity to acquire an asset whose potential has already been subject to technical development and urban planning framework, reducing part of the initial work normally associated with operations of this nature.

Main characteristics

* 100% urban land
* Total area of 2,940 m²
* Architectural project for condominium of 4 single-story dwellings
* Planned gross construction area of approximately 600 m²
* Planned land contributions of 362 m²
* Architectural project currently under review
* Located within the Lagoa de Albufeira Urbanization Plan area
* Excellent location, just minutes from Lagoa de Albufeira, Meco beaches and the village of Sesimbra
* Approximately 35 minutes from Lisbon

Why this investment deserves your attention

Lagoa de Albufeira continues to establish itself as one of the most sought-after locations on the south bank, combining proximity to the sea, quality of life and consistent demand for permanent housing and second residences.

The availability of large urban plots is now very limited, making this asset particularly interesting for developers and investors seeking to develop a residential project in a consolidated area with strong appreciation potential.

The existence of an already developed architectural project currently under review allows for an immediate technical assessment of the property's potential and provides a solid foundation for those wishing to proceed with a structured investment.

Contact us to schedule a visit to the site.
#ref: 838788