- Size: 5350 m²
- Price: €1,050,000
Plot of 3 Land Parcels with Approved Project and Optimisation Potential for 34 Units Excellent investment opportunity in a consolidated residential area undergoing strong expansion, in the Union of Parishes of Agualva and Cacém. This asset stands out for its central location, premium accessibility and a project designed to meet the high demand for modern housing on the outskirts of Lisbon.
Key Asset Indicators
Land Area:
1.400 m²
Footprint Area:
1.400 m²
Gross Construction Area (GCA):
5.350 m²
Above-Ground Construction Area:
4.735 m²
Configuration:
3 corner buildings (the last plots in the urban grid, ensuring a wide frontage and excellent sun exposure).
The Current Project (Approved Structure),
The original project (with PIP and Building Permit issued, currently requiring renewal) provides for the construction of 3 residential buildings with premium common leisure areas, something highly distinctive in the area:
Leisure and Amenities:
Swimming pool, children's playground, barbecue area and private gardens.
Building height:
4 floors above ground + 1 floor below ground for parking and storage rooms.
Parking:
34 spaces in total.
Current Configuration (22 Units):
Buildings 1 and 2:
8 T2 units and 8 T3 units.
Building 3:
2 T2 units and 4 T4 Duplex units.
The Value Factor:
Optimisation Upside (Up to 34 Units) Taking advantage of the submission for the renewal of the licensing, the project shows enormous potential for increased profitability.
Suggested Optimisation of the Unit Mix:
> Proposal to change the larger units (T4 Duplex and T3) into types with greater liquidity and market turnover (T1 and T2). This reconfiguration makes it possible to scale the project from the original 22 units to a total of up to 34 units, aligning the final product with the real demand of the current market (young professionals and standard families) and maximising the GDV (Gross Development Value) of the development.
Strategic Location and Accessibility,
The plots are located in a consolidated urban area, benefiting from excellent infrastructure and transport on the doorstep:
Road Access:
Just 1 minute by car from the IC16 junction, providing a quick connection to Lisbon, Sintra and Cascais.
Public Transport:
5 minutes by car (or 21 minutes on foot) from the CP train station of Agualva-Cacém.
Highlights for the Investor:
Highly competitive price per m² of GCA compared with the current market reality of Greater Lisbon.
A project with an approval history, which significantly mitigates the planning risk and speeds up the timeframes for resubmission to the City Council.
A condominium with a swimming pool and leisure areas, which positions the final product in an accessible-premium segment, allowing sales margins above the average for the area.
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