€1,350,000

Inserted in a consolidated, quiet and high-value residential area, this property with 1128.5m2, with two fronts, two existing villas, swimming pool and an urban process practically prepared to move forward, located in Penedo (on the border between the parishes

The outdoor space is marked by fruit trees, privacy and a green environment that conveys the feeling of being away from the city, keeping all amenities just minutes away.

But it is in the development potential that this property truly distinguishes itself.

The land has an approved allotment for the creation of four independent lots, with the license to be paid, and the project for the construction of four houses is also under development. This is already a very advanced process, allowing the future owner to save time, reduce bureaucracy and significantly accelerate the development of the enterprise.

This feature makes the property especially interesting for investors and construction companies looking for assets with strong upside potential and lower risk associated with the early stages of licensing.

The location adds even more value to the investment. Nearby are schools, supermarkets, local shops, pharmacies, services, green spaces and sports equipment, as well as quick access to the A5 and the main connections to Cascais, Lisbon, Sintra and Oeiras.

In a market where the supply of large land is increasingly limited, this property represents a rare opportunity to develop a quality residential project on the Cascais Line.

Property Highlights:

* Land with 1128.5 m²
* Two fronts
* Two existing semi-detached houses
* Swimming pool and large outdoor space with fruit trees
* Approved allotment for 4 independent lots
* Project for the construction of 4 houses under development
* Urban process already quite advanced
* Consolidated and high-demand residential area
* Excellent accessibility to Cascais, Lisbon, Sintra and Oeiras

For more information about the approved allotment, available documentation and urban framework, please contact us.

The information provided is always unconfirmed by documents and is not binding.

Legal information: For the purposes of Decree-Law No. 10/2024, of January 8th, it is hereby informed that the property does not have a license of use or the urban titles necessary for the use or construction of an urban building
Energy Rating: Exempt
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