Description

JLL as advisors are pleased to present Parede Villa, located near the Estoril Coast in Parede, Portugal. This asset offers a unique opportunity to develop a high-end residential villa, capitalizing on its proximity to the coastline and the vibrant municipalities of Lisbon and Cascais.

The property encompasses a total land area of 981 sqm with a deployment area of 228 sqm and a gross construction area of 567 sqm across three floors, including approximately 753 sqm of green area for recreational use. The existing structure, originally a residential villa, currently serves commercial purposes but holds strong potential for conversion to residential use pending municipal approvals.

Parede Villa benefits from excellent accessibility, being a mere 10-minute walk to Parede Beach, a 20-minute drive to Marqués de Pombal, and 30 minutes from Humberto Delgado Airport. The strategic location enhances connectivity within the Lisbon Metropolitan Area and provides a strong market positioning with access via car and public transport, ideal for investors seeking a live-work-play environment with high quality of life and economic vitality.

The property presents significant potential for value creation in a thriving area, with future conversion poised to benefit from dynamic demographic and market trends. Investors have the opportunity to leverage this asset for stable cash flow and long-term growth, given Parede's appeal as an exclusive and strategically situated destination.

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