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Urban Land with 10,880 m² in Portugal

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

€ 3,100,000

£2,690,490.00
$3,656,140.00

Urban Land with 10,880 m² in Portugal

The surrounding landscape of this land is extraordinary, and you are sure to be enchanted by the nature, tranquility, and views. It is located at the foot and north of the Serra da Arrábida and its Natural Park. Imagine waking up on the weekend and playing with the children outside, overlooking the Serra da Arrábida, looking south. The urban land has a total area of ​​10,880.00 m², rectangular in shape and L-shaped, with a Northwest/Southeast orientation and no significant slope. Its sunny exposure allows it to take advantage of daylight from sunrise to sunset. It is located next to the N379 between Palmela and Azeitão, to the Southeast, surrounded by existing buildings and recent developments, as well as rustic land and neighboring farms. In a few minutes you have the entrances to the A33 and A2 motorways, as well as the train stations of Penalva, Pinhal Novo and Venda do Alcaide, with connections to Lisbon and Setúbal, as well as a bus network with a stop on the N379 in front of the property. Autoeuropa is 12 minutes away and the area of ​​large shopping centers next to the N10 is about 20 minutes away – commerce and employment close to home. A few minutes away, for family outings, you can venture into nature programs in the nearby Serra da Arrábida, or go to the beach, on the excellent beaches of Serra, Setúbal and Sesimbra. Urban Planning Context: This context is based on an analysis of the current Palmela Municipal Master Plan (PDM), published in Council of Ministers Resolution No. 115/97 of July 9th. The land is within the Cabanas Urban Perimeter and is classified as Urban Spaces and Urbanizable Spaces. “Urban Spaces (…) are constituted by areas characterized by a high level of infrastructure and concentration of buildings where the land is predominantly intended for construction. Land transformation actions in the aforementioned areas (…) are essentially related to urban filling, restructuring and renewal, and the location of residential, commercial and service activities, including tourism (…).” On the land, the area occupied by Urban Spaces is 1,385 m² with the Medium Density category – H1c. “Urbanizable spaces (…) are those in which the construction of new urban areas is permitted and are intended for the expansion of consolidated urban spaces or those in the process of formation.” On the site, the area occupied by Urbanizable Spaces is 9,495 m² with the Medium – H1 category, intended for residential areas, including the respective collective facilities, commerce, and support services. The location of tourist developments is also permitted in these spaces. There is some existing building on the site, and the part listed as Urbanizable Spaces is almost entirely built up, where an old wine cellar, several annexes and sheds supporting the activity, and the old family house are located. In the remaining area, classified as Urbanizable Spaces, there is an old olive press and a housing complex, partly in ruins and with tenants, and their eviction is in the process of being resolved. Construction capacity: For Urban Spaces, the number of units considered, in Collective Housing, is 13 units, with the calculation based on the implantation value of a 60 ml L-shaped frontage along the existing street, resulting in 675 m², plus 215.5 m² from the existing old wine cellar, considering the 2 permitted floors and 135 m² of Gross Construction Area (GCA) per unit. For Urbanizable Spaces, the number of houses considered, in Single-Family Homes, is 27 houses, with 67.5 m² of Implantation Area and, considering the 2 permitted floors, 135 m² of GCA per house, with the calculation based on the value obtained by applying the Palmas PDM indices for Medium Density Urbanizable Spaces – H1, resulting in a value of 28 houses, one of which already exists on the site,part of this sale although rented. I have an economic feasibility study to present to you, with a positive ROI of around 22%.

Site

Property ID: 77562

For:
Sale
Size of land:
10880 m²
Structure:
Brick, Concrete.
Extras:
With ruin, With construction started, With fruit trees, With road front.

Portugal

Setubal

Address:
Rua Antonio Gomes Reis 3
2950-655 Quinta do Anjo
Portugal
Quinta do Anjo
Close to:
School, Kindergarten, Train station, Bus stop, Park, Public square, Leisure centre, Touristic area, Mountain, Beach, Natural park, River.
Setting:
Countryside, Village, Town, City, Mountain, Beach.

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