Description
Plot with Approved Preliminary Planning Permission for a Multi-Family Residential Building – Costa da Caparica We present a 1,200sqm plot with approved Preliminary Planning Information (PIP), located on Praceta Fernão de Magalhães in Quinta de Santo António, Costa da Caparica—an area enjoying rapid appreciation and growing demand from both homeowners and investors. Project Overview (current PIP) • Five storeys (four above and one below ground; top floors have sea views) • 14 residential units + 1 retail unit • 6 × T2 (two-bedroom) • 5 × T3 (three-bedroom) • 3 × T4 (four-bedroom) • Retail space • 19 underground parking spaces • Rooftop swimming pool and leisure deck for residents only • Gross construction area: 3,065sqm • Facade height: 15.50 m The design complies with the Almada Municipal Master Plan (PDM) and already holds a conditional favourable opinion from the Directorate-General of National Defence Resources, taking into account technical easements and the nearby fossil cliff. Location & Value Potential Just five minutes from the beaches of Costa da Caparica, the site sits in a district undergoing major urban renewal with a high capital-appreciation index. Housing demand continues to rise, driven by both permanent residents and tourism-oriented investors. Returns & Expansion Capacity Feasibility analyses project a return exceeding 40%, offering strong margins whether units are sold individually or retained for rental income. Moreover, there is technical and planning scope to increase the total units to 21 through a project redesign, potentially boosting the overall return on investment. (PE-123751159-72)
