$790,142

Urban Lot With Approved Development Plan For The Construction Of 24 Units

  • 27,535 Sqft
  • 15,974 Sqft lot
  • Updated: June 18

About the Property

Urban plot of land with an approved detailed urban plan (PIP) for the construction of 24 residential units, located on the second row along the river in Barreiro.

Located in an established residential area undergoing significant appreciation, adjacent to the riverfront and very close to the latest Nooba development, this property represents an opportunity for developers, builders, and rea
Urban plot of land with an approved detailed urban plan (PIP) for the construction of 24 residential units, located on the second row along the river in Barreiro.

Located in an established residential area undergoing significant appreciation, adjacent to the riverfront and very close to the latest Nooba development, this property represents an opportunity for developers, builders, and real estate investors seeking to develop a residential project in a strategic location on the South Bank.

The land has an approved PIP for the construction of 24 residential units, with a maximum of 4 units per floor.
The layout can be configured as either 7 residential floors or 6 residential floors, with the remaining floor dedicated to retail space, both options including a basement for parking.
A maximum gross floor area of 2,557.50 m² and a footprint of 427.20 m² are permitted. These characteristics give the property high development potential in an area with growing demand for new modern housing.

Its location on the second line of the river offers proximity to the riverside area of Barreiro, benefiting from an urban setting undergoing transformation, with new residential projects, services, infrastructure improvements, and growing appeal for families, young people, and professionals.

In the surrounding areas, you’ll find all the essential amenities for daily life, including hypermarkets, schools, local shops, services, green spaces, and public facilities. The area also offers good access to public transportation, including a train station, road connections, and a river terminal, providing quick and convenient access to Lisbon and other areas of the South Bank.

A real estate investment opportunity in Barreiro with an approved PIP, strong development potential, and an excellent residential setting.
Energy Rating: Exempt
#ref:LV-101 (PR-121)
  • Property type

    Land

  • Price/sqft

    $28

  • Emissions

    NI

  • Consumption

    X

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Alto do Seixalinho, Santo Andre e Verderena, Setubal, Portugal View on Google Maps
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Novusmed - Mediação Imobiliária, Lda

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Novusmed - Mediação Imobiliária, Lda
Faro, Portugal
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37
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2023
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Novusmed - Mediação Imobiliária, Lda
Novusmed - Mediação Imobiliária, Lda
Alameda da Orada, Galeria comercial da Orada, Loja n.º 10, Orada (Marina de Albufeira) 8200-394 Albufeira Portugal, 8200-394, Albufeira e Olhos de Água, Faro, Portugal
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”We are an experienced, dynamic and deeply knowledgeable team in the Algarve real estate market. We are in a positi
”We are an experienced, dynamic and deeply knowledgeable team in the Algarve real estate market. We are in a position to provide the best real estate services supported by excellent professional technological means”
Last updated
June 18
First listed
May 16
Listing reference
LV-101 (PR-121)-0525867221
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