$1,012,400

Vila Real Land Urban

  • 16,211 Sqft lot
  • Updated: Yesterday

About the Property

Property ID: ZMPT594882

This is a special and unique real estate investment opportunity aimed at investors and developers. It is located in a highly sought-after and expanding residential area of Vila Real, combining high appreciation potential, excellent accessibility, and centrality within the city.

This is Lot 5, situated in a more interior and secluded part of the development
Property ID: ZMPT594882

This is a special and unique real estate investment opportunity aimed at investors and developers. It is located in a highly sought-after and expanding residential area of Vila Real, combining high appreciation potential, excellent accessibility, and centrality within the city.

This is Lot 5, situated in a more interior and secluded part of the development, allowing for greater contact with a natural area near the Corgo River valley. This offers increased privacy and tranquility without sacrificing proximity to the city center and main services.

The lot has a total area of 1,506.50 m², for the construction of 16 units, consisting of 6 two-bedroom apartments and 10 three-bedroom apartments, along with 36 garage parking spaces.

STRATEGIC LOCATION IN A HIGHLY ATTRACTIVE AREA
This lot is located in a central and rapidly growing residential zone, close to shops, services, and essential facilities. The surroundings are marked by new housing developments and an expanding commercial offer, including the recent opening of Mercadona. Proximity to the highway, IP4, and the national road is an additional advantage, ensuring excellent mobility and connection to major roadways. These factors enhance the location’s appeal for both the future sale of residential units and the medium- to long-term investment appreciation.

FEATURES AND URBAN PARAMETERS

- Identification: Lot 5
- Total lot area: 1,506.50 m²
- Building footprint area: 785.00 m²
- Residential area: 2,496.00 m²
- Total construction area: 3,281.00 m²
- Volume: 8,486.40 m³
- Height limit: 13.60 m
- Number of floors: Basement + 4 floors
- Number of residential units: 20
- Planned unit types: 6 two-bedroom apartments and 10 three-bedroom apartments
- Parking: 36 spaces

DEVELOPMENT INFRASTRUCTURE HANDLED BY THE OWNER, AN ADVANTAGE FOR THE INVESTOR
One of the main advantages of this opportunity is the complete exemption from infrastructure costs within the development. The owner fully assumes responsibility for the construction of roads and sanitation networks.

This arrangement allows the investor to optimize the financial structuring of the project, directing all resources straight to the residential development. The buyer is only responsible for preparing and submitting the architectural project and related specialties to the Vila Real City Council, in compliance with current urban planning regulations.

This clear division of responsibilities results in greater predictability, lower risk, and maximum efficiency in managing financial and operational resources.

Lot 5 offers a set of particularly relevant attributes for those looking to invest in Vila Real’s real estate market:

- More interior location within the development, providing greater tranquility and privacy.
- Privileged natural surroundings with scenic views yet close to the urban center.
- Construction capacity for 16 apartments and 36 parking spaces.
- Situated in an expanding residential area near commerce, services, and main road access.
- Development infrastructure, including roads and sanitation, executed by the owner.
- Defined urban parameters allowing the investor to develop architectural and specialty projects.
- Potential to create a distinctive residential development focused on comfort, privacy, and quality of life.

An investment opportunity combining strategic location, unique natural setting, significant construction capacity, and favorable conditions for real estate development in one of Vila Real’s most attractive residential areas.
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  • Property type

    Land

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Rua Promotores do Circuito de Vila Real, Vila Real District, Portugal View on Google Maps
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ZOME Luxury

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ZOME Luxury
Portugal
View agency profile
1998
Listings
2022
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ZOME Luxury
Lisboa, Portugal
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Last updated
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First listed
November 4
Listing reference
ZMPT594882
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