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Plot for sale

Barreiro, Setúbal, Portugal

£593,279 *  [€681,500]

Plot for sale

Barreiro, Setúbal, Portugal

£593,279 *  [€681,500]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1484.4 m2
  • Habitable space: 2557.5 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


Urban plot of land with an approved detailed urban plan (PIP) for the construction of 24 residential units, located on the second row along the river in Barreiro.
Located in an established residential area undergoing significant appreciation, adjacent to the riverfront and very close to the latest Nooba development, this property represents an opportunity for developers, builders, and real estate investors seeking to develop a residential project in a strategic location on the South Bank.
The land has an approved PIP for the construction of 24 residential units, with a maximum of 4 units per floor.
The layout can be configured as either 7 residential floors or 6 residential floors, with the remaining floor dedicated to retail space, both options including a basement for parking.
A maximum gross floor area of 2,557.50 m² and a footprint of 427.20 m² are permitted. These characteristics give the property high development potential in an area with growing demand for new modern housing.
Its location on the second line of the river offers proximity to the riverside area of Barreiro, benefiting from an urban setting undergoing transformation, with new residential projects, services, infrastructure improvements, and growing appeal for families, young people, and professionals.
In the surrounding areas, you'll find all the essential amenities for daily life, including hypermarkets, schools, local shops, services, green spaces, and public facilities. The area also offers good access to public transportation, including a train station, road connections, and a river terminal, providing quick and convenient access to Lisbon and other areas of the South Bank.
A real estate investment opportunity in Barreiro with an approved PIP, strong development potential, and an excellent residential setting.
Energy Rating: Exempt
#ref: LV-101 (PR-121)
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This property listing (ref: LV-101 (PR-121)) is an advertisement supplied by Novusmed and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.