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GOLDEN TRIANGLE - INVESTMENT OPPORTUNITY - CONSTRUCTION PLOT FOR APPARTMENTS IN THE CENTER OF ALMANCIL

USD 2,568,919

Office & Commercial space (For sale)

40,881 sqft
lot 68,146 sqft
Reference: YGWK-T21 / a1570av
We are offering for sale a large plot of land in a prime location of Almancil. Our team has carried out an extensive survey with the Town Hall to determine the maximum square meters that can be built on this plot. As there is currently no project, this plot represents a blank canvas for your architectural vision to create an exceptional building in an area that has undergone significant development over the last decade. The town of Almancil has undergone massive development and this plot offers a unique opportunity to be part of the ongoing transformation. The plot is located in two different areas (in roughly equal parts): URBANO Tipo A and URBANO DE EXPANSÃO Tipo A, according to PDM guidelines. The area of the topographic survey is decisive for the application for a project of your choice, which is submitted to the city council as a so-called PIP (Pedido de Informação Prévia). The estimated total area for construction is 3798.60 m2. If someone proposes an investment to the city council that exceeds 500 m2 for planting and 1,000 m2 for construction, then the project falls under Impacto Semelhante à Operação de Loteamento. As a result, a certain amount of land must be made available to the municipality for green and communal areas, in accordance with current legislation. It is worth mentioning that new buildings in this development do not necessarily have to be attached to the existing ruin (in accordance with PDM regulations). Please note that the images provided are for illustrative purposes only and do not constitute an official project or any other legally binding document. They are merely intended to provide a better understanding of the options available to develop the land in question. It is important to note that these images are not intended to be a substitute for a comprehensive analysis of the property and its surroundings. Therefore, the images should be interpreted as preliminary proposals and not as final plans or designs. For more information, please contact us to explore further options with our team of experienced architects and civil engineers. They will be happy to assist you and provide you with comprehensive information on the various options available to you. We are confident that their expertise will enable you to make an informed decision and choose the best course of action for your needs. Please do not hesitate to contact us. View more View less We are offering for sale a large plot of land in a prime location of Almancil. Our team has carried out an extensive survey with the Town Hall to determine the maximum square meters that can be built on this plot. As there is currently no project, this plot represents a blank canvas for your architectural vision to create an exceptional building in an area that has undergone significant development over the last decade. The town of Almancil has undergone massive development and this plot offers a unique opportunity to be part of the ongoing transformation. The plot is located in two different areas (in roughly equal parts): URBANO Tipo A and URBANO DE EXPANSÃO Tipo A, according to PDM guidelines. The area of the topographic survey is decisive for the application for a project of your choice, which is submitted to the city council as a so-called PIP (Pedido de Informação Prévia). The estimated total area for construction is 3798.60 m2. If someone proposes an investment to the city council that exceeds 500 m2 for planting and 1,000 m2 for construction, then the project falls under Impacto Semelhante à Operação de Loteamento. As a result, a certain amount of land must be made available to the municipality for green and communal areas, in accordance with current legislation. It is worth mentioning that new buildings in this development do not necessarily have to be attached to the existing ruin (in accordance with PDM regulations). Please note that the images provided are for illustrative purposes only and do not constitute an official project or any other legally binding document. They are merely intended to provide a better understanding of the options available to develop the land in question. It is important to note that these images are not intended to be a substitute for a comprehensive analysis of the property and its surroundings. Therefore, the images should be interpreted as preliminary proposals and not as final plans or designs. For more information, please contact us to explore further options with our team of experienced architects and civil engineers. They will be happy to assist you and provide you with comprehensive information on the various options available to you. We are confident that their expertise will enable you to make an informed decision and choose the best course of action for your needs. Please do not hesitate to contact us.
Reference: YGWK-T21
Country: PT
City: Almancil
Category: Commercial
Listing type: For sale
Property type: Office & Commercial space
Property subtype: Commercial space
Property size: 40,881 sqft
Lot size: 68,146 sqft
Internet access: Yes

SALE PRICE PER SQFT IN ALMANCIL

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 531
+12.1%
+13.8%
Apartment
USD 711
+10.5%
+54.3%

AVERAGE HOME VALUES IN ALMANCIL

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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