Land For Real Estate Development | Pip Approved | Aveiro Avenida Europa (Zona Da Forca)

Investment opportunity in one of the areas of greatest expansion and appreciation of the city of Aveiro.

Located on Avenida Europa, in the Forca area, in the Union of the Parishes of Glória and Vera Cruz, this land with 3,349 m² corresponds to the former training ground of the Santos & Gamelas Driving School and integrates an area that was part of the historic Quinta dos Irmãos Aleluia.

Inserted in one of the main axes of urban growth in Aveiro, it benefits from a strategic location, where some of the most relevant projects in the city have been developed, such as the new Hospital da Trofa and Mercadona, reflecting the strong dynamics of residential development and investment that characterises this area.

The property has a Prior Information Request (PIP) approved in August 2025, fully effective, which enables the construction of a multifamily building with approximately:

6,425 m² of Gross Construction Area above ground;
2,780 m² of Gross Construction Area below ground, intended for parking and technical areas.

In addition, there is a factor of high interest for developers and investors: according to the Aveiro PDM and the urban solution approved in the PIP, the areas of the balconies are not counted for the purposes of the authorised Gross Construction Area. This particularity allows for a significant increase in the marketable area of the future development, which may represent more than 1,200 additional m², depending on the architectural solution adopted.

Key highlights:

Land with 3,711 m²;
PIP approved and in force;
About 6,425 m² of ABC above ground;
About 2,780 m² of ABC below ground;
Potential to add more than 1,200 m² of marketable area through balconies;
Premium location, in one of the most valued areas of Aveiro;
Excellent accessibility and proximity to the city centre, main roads, commerce, services and equipment.

A rare opportunity to develop a reference residential development, in a consolidated location and with high potential for appreciation.
Energy Rating: Exempt
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