42.68 Hectare Ocean View Property | Potential For Tourism Development | Praia Azul, Silveira

42.68 Hectare Ocean-View Property | Potential for Tourism Development | Praia Azul, Silveira

Located in Praia Azul, in the parish of Silveira, municipality of Torres Vedras, this expansive property encompasses a total land area of 426,841 sqm (42.68 hectares) and offers significant potential for the development of a tourism and hospitality project. Its privileged location combines proximity to the Atlantic Ocean, unobstructed ocean views, and convenient access to the greater Lisbon area.

The property comprises 423,560 sqm (42.356 hectares) of rural land and two separately registered urban parcels, totaling 3,281 sqm of land with a combined registered building footprint of 2,041 sqm.

The first urban parcel, encompassing 81 sqm of land with a registered building footprint of 41 sqm, includes a former two-story residence featuring six rooms on each floor, an outdoor courtyard, an enclosed area, a wine cellar, a hayloft, livestock enclosures, agricultural storage facilities, and additional outbuildings previously used for farming activities. The property has a registered gross construction area of 81 sqm, comprising 53 sqm of gross private floor area and 28 sqm of ancillary floor area.

The second urban parcel encompasses 3,200 sqm of land, with a registered building footprint of 2,000 sqm and a gross construction area of 2,000 sqm, comprising 1,750 sqm of gross private floor area and 250 sqm of ancillary floor area.

The existing structures, which are currently in a state of ruin, may be eligible for restoration or demolition to accommodate new construction, subject to the applicable planning and regulatory requirements.

The property offers development potential for a two-story tourism and hospitality project, providing an opportunity to explore a concept incorporating guest accommodations, recreational amenities, and complementary hospitality facilities, in accordance with the applicable zoning and planning regulations.

Alternatively, the property may also present an opportunity for residential development, including the construction of single-family homes or apartment buildings. However, this alternative would require the preparation and submission of a Detailed Development Plan (”Plano de Pormenor”), with feasibility subject to review and approval by the relevant authorities.

Key Property Features:
- Total property area: 426,841 sqm (42.6841 hectares)
- Rural land area: 423,560 sqm (42.356 hectares)
- Total registered urban land area: 3,281 sqm, comprising two separately registered urban parcels
- First urban parcel: 81 sqm of land, 41 sqm registered building footprint, and 81 sqm gross construction area
- Second urban parcel: 3,200 sqm of land, 2,000 sqm registered building footprint, and 2,000 sqm gross construction area
- Total registered building footprint: 2,041 sqm
- Total registered gross construction area: 2,081 sqm
- Existing structures: Former residential building, agricultural outbuildings, and structures currently in a state of ruin
- Potential redevelopment options: Restoration of existing structures or demolition followed by new construction, subject to applicable approvals
- Indicated building height: Two stories
- Development potential: Tourism and hospitality development
- Alternative residential development potential: Construction of single-family homes or apartment buildings, subject to the preparation of a Detailed Development Plan (”Plano de Pormenor”) and confirmation of feasibility by the relevant authorities

Location & Accessibility:
Offering unobstructed Atlantic Ocean views and convenient access to Praia Azul, the property is situated approximately two minutes from the beach by car.

The surrounding area provides access to restaurants, cafés, a surf school, and a variety of local services and amenities.

Distances:
- Praia Azul: 1.6 km
- Santa Cruz: 5 km
- Lisbon: 64 km
- Lisbon International Airport: 60 km

At LVS/Realty, we provide comprehensive guidance and personalized support throughout every stage of the acquisition process. Our dedicated legal and financial teams offer specialized assistance, ensuring that each transaction is conducted with the highest standards of professionalism, transparency, and efficiency.

Note:All images, architectural renderings, and floor plans are provided for illustrative purposes only and are intended to demonstrate a potential development concept. As of the date of this listing, no architectural project has been approved by the relevant Municipal Authority.