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Excellent investment and real estate development opportunity in Alto das Vinhas, Sesimbra, located in a well-established residential area predominantly made up of single-family homes, many with gardens and pools, enjoying a peaceful, low-density environment.
The property covers a total area of 14,000 m2 and has a significant urban planning history.
According to existing documenta
Excellent investment and real estate development opportunity in Alto das Vinhas, Sesimbra, located in a well-established residential area predominantly made up of single-family homes, many with gardens and pools, enjoying a peaceful, low-density environment.
The property covers a total area of 14,000 m2 and has a significant urban planning history.
According to existing documentation dated June 29, 2018, a subdivision project was developed for the land and approved by the Sesimbra City Council. The documentation states that, at that time, the project ”had a paid license.”
The project, designed with an eco-sustainable architectural concept, included a residential development consisting of 28 single-family homes, distributed as follows:
Different layouts were planned: T2, T3, and T4, with indicative areas of approximately 115.45 m2, 162.83 m2, and 197.96 m2, respectively.
Main parameters of the 2018 project:
Land area: 14,000 m2 Planned gross floor area (STP): 4,200 m2 Proposed gross floor area (STP): 4,141.89 m2 Total lot area: 7,638.99 m2 Public dedication area: 1,779.07 m2 Roads: 2,457.39 m2 Sidewalks: 1,562.06 m2 Public green space: 1,779.07 m2 Private parking: 56 spaces Public parking: 38 spaces
The project also included areas designated for the necessary infrastructure of the development.
Potential for redesign
Beyond the possible use, renewal, or adaptation of the previously approved project, a redesign of the urban operation could be considered.
Options include evolving the initial concept into a solution of independent homes on individual lots, allowing for potential individual sale.
Reorganization of lots, placement, layouts, areas, outdoor spaces, access, and parking could also be studied to better adapt the development to current market characteristics and demand.
Any changes or new urban planning solutions will always require technical study and approval by the Sesimbra City Council, as well as compliance with the current urban planning framework.
Important information
The mentioned subdivision project was approved by the city council in 2018, with documentation from that date confirming it had a paid license.
Any renewal, reactivation, modification, or partial or full use of the previous process must be confirmed with the Sesimbra City Council and analyzed according to current legislation and territorial management instruments.
This is a particularly attractive opportunity for developers and investors, benefiting from a sizable plot in a residential area and a previously developed and approved urban planning process for 28 housing units.
Project documentation and technical elements are available for consultation.