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27

Development Land in Sintra, Portugal

€ 4,300,000
100,000 m²

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Description

Rustic property with a total area of 10 hectares in Almornos-Almargem do Bispo, with magnificent views over the Olelas mountain range to the ocean to the west. The property has a fully functioning event space and has the respective licensing in force. Cozy and modern space, with garden and capacity for 250 people, has an air-conditioned room, a fully equipped kitchen for cooking and parking. The property is served by four direct services to the main roads that surround it. In terms of infrastructure, the property is equipped with a fiber optic network, a piped water network with a direct network extension to the property, and two boreholes. The electrical network is provided by two three-phase electricity inputs that are approximately 400 meters apart. Wastewater is treated through two independent septic units. The property has an approved agroforestry project to plant three hectares with carob, enabling natural protection against fires, a high harvest yield in the medium term, plus zero maintenance and use of carbon credits without the need for irrigation, due to the characteristics of species and local climate, this project has already been submitted to the ICNF. Among the feasibility and as stated in the PDM of the municipality of Sintra, in addition to the space for events and the already approved agroforestry exploration, it follows from the Legal Regime of REN itself, and from the PDM of Sintra, the buildability of 1500m2 of construction for tourist purposes, which could still be capable of being expanded by a further 750m2 for the same purpose. There is the feasibility of installing 1MW photovoltaic (€78 MW/h current sales value). The property is located in an area of great scenic beauty with good access to the main roads, less than 30 minutes from Lisbon Airport and the centers of Sintra and Cascais. This is a unique opportunity to acquire a property with high profitability potential, located in one of the most exclusive areas of Portugal.

500

Details

External size
100,000 m²
Architectural Style
Other
Reference
V5EGF2
Year of construction
1900

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