LandSesimbra (Portugal)

Price :

$3,533,700

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface20,115 m²

Great Investment opportunity in Sesimbra, buildable land 5 minutes walking distance from the beach. With a privileged view over the beach, the fishing town and the ocean. Area with increasing tourist influx, with a lot of local shops, restaurants and several four star hotels such as Sana, Sesimbra Hotel & Spa and Hotel do Mar; Ideal for the construction of a luxury condominium, a block of apartments or luxury villas, among other solutions.In 2007, the actual owner submitted an information request to the Municipality of Sesimbra to know what kind of projects and building indexes would be allowed on the property. Despite having been analysed, the request did not have a formal answer, due to the lack of redesign of some blueprints by the owner in order to fulfil the Municipality requirements. However, at a recent meeting at this institution, it was found that two construction indices on the property may be allowed: H5 - 0.8 and H3 - 0.5. Zone H5 will cover an area of 8,483 m2, making it possible to build 54 dwellings or equivalent; Zone H3 will cover an area of 2,240 m2 which will allow the construction of 9 dwellings or equivalent.Next to the mouth of the river Sado, Arrábida Natural Park, Cape Espichel, Albufeira Lagoon and Meco Beach, and only about 45 minutes from Lisbon.The perfect location to host tourists who want to know the city of Lisbon and at the same time enjoy the beautiful natural landscapes and beaches on the south bank of the Tagus.