Land/Plot for sale in Olhão, 537 m²

Olhão, Olhão

Land/Plot

EUR 500,000

• 537 sqm

An opportunity for developers and builders seeking to develop a residential project in Olhão, with the possibility of defining the product from the outset and structuring its future commercialization. With 537 m² of total area, this urban property includes a single-story building with 228 m² of implantation area and outdoor space, offering a foundation for studying a redevelopment and residential construction operation. The municipal information available classifies the property as Structuring Urban Space I and generally permits a subdivision operation or construction of a building in accordance with the PDM (Master Development Plan) and other applicable conditions. It specifies a maximum of five floors, the realization of which depends on the proposed solution and its respective approval. For the developer, the interest lies in the possibility of evaluating an apartment building operation for sale or developing a property portfolio intended for rental. The definition of unit types, number of fractions, and marketable areas should result from a feasibility study that reconciles construction capacity, execution costs, and final product positioning. Integration within an Urban Rehab…