House In Foz With A Garden For Renovation Approved Pip
2,735 Sqft
2,735 Sqft lot
Updated: October 23
About the Property
House for renovation in Foz with approved PIP for four apartments Property for renovation located in Foz do Douro, set on a 245sqm plot, with an approved PIP for the extension and development of a residential building comprising four apartments. The proposal provides for a total construction area of 655,6sqm, distributed across a basement, four floors above ground level and an attic. The proposed
House for renovation in Foz with approved PIP for four apartments Property for renovation located in Foz do Douro, set on a 245sqm plot, with an approved PIP for the extension and development of a residential building comprising four apartments. The proposal provides for a total construction area of 655,6sqm, distributed across a basement, four floors above ground level and an attic. The proposed residential programme comprises four units: Unit F1 - 2 pièces, on the ground floor, with 62sqm; Unit F2 - 3 pièces, on the 2nd floor, with 81sqm; Unit F3 - 3 pièces, on the 3rd floor, with 81sqm; Unit F4 - 3 pièces, on the 4th floor, with 81sqm, plus 21,5sqm of additional area in the attic. The project also includes a 163sqm basement, a building footprint of 169,4sqm and 75,6sqm of unsealed land. The solution proposed in the PIP therefore allows for the extension of the existing building and its vertical arrangement, with four residential units distributed over different floors. The property is located in Foz do Douro, Porto, close to beaches, shops, services, schools and local amenities. Investment potential: The property allows for two distinct strategies to be considered: - development of a family house with 5 bedrooms, with an approved architectural and specialist design, ready for the licence to be issued; - delivery of an exclusive residential project with four apartments, subject to final approval of the PIP currently under consideration. The location in Foz do Douro, the limited scale of the project and the option to choose between a single-family residential property or a small development give the property a distinctive position. (ref IN-N0I386)