Description
Prime Development Opportunity - Two Urban Plots for Residential Building (10 Units) - Odivelas | Ribeirada
Total Area: 1,916 m²
Configuration: Two adjoining plots sold together, ideal for a residential building with 10 apartments (subject to municipal approval).
Strategic Location
Situated near the Urban Planning Department of Odivelas City Hall and Ribeirada Park, where the future Odivelas Metro exit is planned.
Excellent sun exposure and open views.
In a modern urban area with recent developments and quality neighborhood.
Infrastructure & Accessibility
Direct road access, adjacent to all essential networks: electricity, sewage, water, natural gas, cable TV.
Outstanding connectivity to IC22, CRIL, CREL, Calcada de Carriche, A8, Tunel do Grilo, and quick access to Lisbon.
Close to Odivelas center, Colinas do Cruzeiro, and Strada Outlet shopping center.
Local Amenities
Vibrant neighborhood with pharmacies, local shops, and renowned restaurants such as Paulu's, Marisqueira da Ribeirada, and Portal da Ribeirada.
Schools, green spaces, and public transport (bus stop at the door).
Current Structures
Plot includes:
Garage with sanitary facilities: 156 m² covered, 624 m² uncovered.
Ground-floor house: 115 m² covered, garage annex 40 m², plus 981 m² patio.
Second plot currently has a villa with garage annex - ideal for conversion into a care home or additional residential units.
Why Invest?
High-demand residential area with strong rental and sales potential.
Planned future metro station will significantly increase property value if and when finished.
Ready for development with excellent urban infrastructure and municipal proximity.
Energy Rating: Exempt
