Alcanena
Casal Velho, Alcanena, Santarem, 2380-220, PT
$1,436,000 | 351,334 sf
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.
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Attributes
Asking price
$18,459,000
Land area gross
91,493 sf
Media
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
Contact brokers
Estoril Sunline (0 Properties)
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Last updated
Mar 14, 2024
