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€ 470,000

Development Land in Torres Vedras, Portugal

€ 470,000
3,818 m²

Description

Mixed Land Plot with Approved Project and Licences Pending Payment for Sale in Torres Vedras

This property is located in a well-established residential area of villas and estates. It is just 11 minutes from the centre of Torres Vedras, 13 minutes from Tapada de Mafra, and 25 minutes from the beaches of Santa Cruz and Ericeira.

The land comprises two separate records: one urban, classified as a mixed-use plot with existing constructions, and the other classified as rustic.

The plot spans a total area of 3,818 sqm, with an approved project for a residential condominium featuring a total gross construction area of 2,010 sqm. This project includes six terraced houses, each distributed over three floors and equipped with a terrace, a garage for two vehicles, and a private garden.

Features of the Houses in the Project:
House A - A 4-bedroom house, including one bedroom on the ground floor, three suites, and an office on the upper floor.
House B - A 4-bedroom house, including one bedroom on the ground floor and three suites on the upper floor.
House C - A 4-bedroom house, with four suites on the upper floor.
House D - A 3-bedroom house, with three suites on the upper floor.
House E - A 4-bedroom house, including one bedroom on the ground floor and three suites on the upper floor.
House F - A 4-bedroom house, including one bedroom on the ground floor, three suites, and an office on the upper floor.

Land Subdivision Opportunities
The owner is offering the possibility of subdividing the land, presenting two versatile options, ideal for investment or development:

Option A: Two plots measuring 2,040 sqm (including the existing built area) and 1,670 sqm, allowing immediate and flexible use of the space.

Option B: Two nearly equal plots of 1,870 sqm and 1,830 sqm, providing a perfectly balanced setup for construction projects or resale.


This is an excellent investment opportunity in a prime location, offering both proximity to urban conveniences and access to the tranquillity of the countryside and nearby beaches.

Torres Vedras is in the west region of Portugal and has been populated since time immemorial. There were communities of hunter-gatherers, farmers, metal workers and, later, Greeks and Romans, such as Rufo, one of so many names engraved on the stone that immortalized them.

The town and the county developed into a tourist destination, especially since the beginning of the 20th century. Since then, many have chosen Torres Vedras either in search of the hot springs or Santa Cruz beach to meet up with friends. Torres Vedras became a city in 1979 following huge urban growth.

The area offers tourist attractions such as Torres Vedras Castle, Forca Fort, Sao Vicente Fort and the Leonel Trindade Municipal Museum, the CUF Torres Vedras Hospital, schools (Madeira Torres Secondary School and Henriques Nogueira School Grouping) as well as restaurants, cafes, supermarkets and shops.

Its location means it has easy access to Lisbon on the West line trains, buses such as TUT - Transportes Urbanos de Torres Vedras and car on the A8 motorway.
Energy Rating: Exempt

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Details

External size:
3,818 m²
Size:
3,818 m²
Reference:
PROP-32116

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Position