FOR SALE
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FOR SALE 〰️
Urban Development Opportunity with Approved PIP | Algueirão – Mem Martins | Sintra
800.000 €
An exceptional investment opportunity in Algueirão – Mem Martins, Sintra, comprising a strategically located urban plot with an approved Preliminary Information Request (PIP) for the development of a multi-family residential project with a commercial component.
The proposed development envisages a contemporary building comprising a basement, ground floor, three upper floors and a recessed top floor, designed to make the most of the plot’s development potential.
The project offers an attractive opportunity for residential development in a well-established area of Sintra, combining development potential, versatility and a strategic location.
695 m² | Buildable
800.000€
Features
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Total land area 695 m²
Minimum area for sale 695 m²
Buildable area 1,842 m²
Road access
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Developable land
Feasibility for high-rise residential buildings (apartments)
4 buildable floors
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Property exempt
INFORMATION
Total lot area: 695 m²
Construction area: 1,842.72 m²
Area designated for housing: 1,751.88 m²
Area designated for commerce: 90.84 m²
Green space area: 180 m² (designated for the ground-floor portion)
Project includes parking and an automotive elevator.
PIP developed by an architecture firm, ready to advance to the next licensing phase.
INTERESTED IN THIS PROPERTY?
Our team is available to provide further information about the property, development potential, and project documentation, and to arrange a private viewing.