Development Site With Approved Project In Praia Da Areia Branca

Development site for the construction of a residential condominium comprising 5 houses, under a horizontal property regime, located near Praia da Areia Branca, in the municipality of Lourinhã an excellent investment opportunity.

The development is located in an urban expansion area and benefits from a privileged location close to the beaches, shops, services and main road connections, offering the ideal conditions for a residential project in an area with strong market demand.

Project:

There is currently an architectural project approved by the Lourinhã Municipal Council, with the corresponding building permit issued and paid, allowing construction to commence immediately.

In parallel, a second architectural proposal (Version B) has been developed, featuring a more contemporary architectural language aligned with current trends and market demands. This solution was presented to the Municipality, which confirmed that it may be submitted as an amendment to the approved project during the construction phase, should the future owner choose this option.

The buyer will therefore have the flexibility to choose between:

Proceeding with the currently approved and licensed project, or developing the construction based on the alternative version, subject to the necessary amendments to the project in accordance with the applicable legal and planning requirements.

It is important to note that the existing structural engineering project was developed based on the currently approved version. Therefore, any architectural changes will need to be assessed and coordinated with the relevant engineering disciplines.

The alternative architectural project, together with its presentation brochure, will be made available at a later stage for review.

Key features:

Development site for a residential condominium;
5 houses under a horizontal property regime;
Each house comprises a garage, ground floor and first floor;
Approved and licensed architectural project;
Possibility of implementing an alternative architectural solution, subject to the applicable planning and licensing procedures;
Privileged location in Praia da Areia Branca, one of the most sought-after coastal areas in the municipality of Lourinhã.

A distinctive opportunity for developers, investors or construction companies looking to develop a residential project in an established location with strong potential for capital appreciation. (Ref. FG524)
Energy Rating: A
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