$829,252

Unique Investment Opportunity in Melides

  • 3 Beds
  • 1 Baths
  • 1,809 Sqft
  • 23,283 Sqft lot
  • Updated: November 13

About the Property

This singular property of exceptionally high strategic value combines the charm of an independent 3-bedroom villa with the rare privilege of being fully located within the urban perimeter of the exclusive Village of Melides, in the municipality of Grandola.

The approved expansion project transforms the existing property, extending the gross construction area of the residence from the curr
This singular property of exceptionally high strategic value combines the charm of an independent 3-bedroom villa with the rare privilege of being fully located within the urban perimeter of the exclusive Village of Melides, in the municipality of Grandola.

The approved expansion project transforms the existing property, extending the gross construction area of the residence from the current 90 square meters to 214 square meters and increasing the layout from 3 bedrooms to 4 bedrooms. The new layout optimizes the ground floor, integrating a spacious 31.5 square meter living room seamless connected with the dining room, a 22.01 square meter kitchen with a pantry, and a primary suite with a walk-in closet and private bathroom. The 64.20 square meter attic and the independent 24.85 square meter garage complement the expansion.

This exceptional location in the heart of the village offers the perfect blend between the tranquility of the Alentejo coast and extraordinary value creation potential, driven by the feasibility of developing a subdivision project, as the land is located within a designated residential area.

The outdoor space features flat and extremely fertile land, filled with various fruit trees such as orange, apple, loquat, and pomegranate trees. The property also includes a garage and its own water borehole dedicated to irrigation, in addition to being fully connected to public water, electricity, and sewage networks.

Its central location within the Village of Melides allows for daily life to be enjoyed on foot, with quick access to local shops, traditional restaurants, and essential services. A short drive away lies the stunning Melides Beach and its lagoon, while also being close to the prestigious areas of Comporta and Carvalhal, and less than an hour and a half from Lisbon.

This is an unmissable opportunity for investors and developers seeking a high-liquidity asset with strong profitability margins on the Alentejo coast, or simply for anyone looking for a holiday home or a serene lifestyle away from the hustle of big cities.
Energy Rating: D
#ref:KWPT-034863
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  • Property type

    House

  • Year built

    1994

  • Price/sqft

    $458

  • Emissions

    NI

  • Consumption

    D

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KW Area
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Last updated
November 13
First listed
November 12
Listing reference
KWPT-034863-0526973057
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