Land

Estoril Sunline

Rua Rainha Joana Bulgária, Cascais, Lisboa, 2765-005, PT

Estoril Sunline_Property for Sale

Gallery

Estoril Sunline 2_Property for Sale

Asset description

Benefitting from quick accesses to both Lisbon and Cascais as well as all the essential services and amenities of a vibrant and sought-after location, the plot takes advantage of a privileged location, great sun exposure and will allow the future project to have amazing sea views (one of the highest hills of Estoril, allowing for 360-degrees panoramic views).

The approved project entails the construction of 118 units and 7,500 sqm above ground, within a residential and/or hospitality concept, with abundant exterior areas (over 1,500 sqm of balconies and terraces).

Located less than 25 minutes from Lisbon and less than 5 minutes from the beach, it offers an outstanding location, market and licensing conditions for a special development.

This is a unique opportunity to develop a large greenfield project in the famous Estoril area.

Attributes

Asking Price
$18,716,000
Land area Gross
2.10 acres (91,493 sf)

Investment highlights

25 min Lisbon & 5 min Cascais car drive

500 m from the A5 highway access

7,500 sqm project to develop 118 apartments, with plentiful external areas planned

Sloped piece of land allowing for a unique product with fantastic panoramic sea views and solar exposure, to be developed

Greenfield development project – opportunity to optimize units, services and operators, developing an integrated and outstanding product

Approved Architecture Project – quicker time to market and reduced licensing risk

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Last updated
Nov 30, 2022