Land for sale in Street Name Upon Request, Vila Do Bispo, Pt

£7,596,429 (€9,000,000)
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Land for sale

Property description

Land in Baleeira de Sagres with an area of 40,933.66 m2, with an approved project for the allotment of 76 villas (63 units of typology T3 and 13 units of typology T4) with a total construction area of 19,963.49 m2.
Premium location in Baleeira, with 230-degree sea views all round and 4 beaches within walking distance:
Praia da Baleeira: 200m
Mareta Beach: 300 metres
Martinhal Beach: 900 metres
Tonel Beach: 1200m

Plot areas (approximate)
- 3 bedroom villas: Plot 245m2 - Gound floor area 125m2 - Gross construction area 210m2;
- 4 bedroom villas: Plot 290m2 - Ground floor area 155m2 - Gross construction area 255m2;
The allotment project was designed by architects Souto Moura & Álvaro Rocha.
After approval of the allotment project, the licence was issued and the general infrastructures were carried out. After completion of this work, there is no deadline (the licence does not expire) for carrying out the general works.
The subdivision's general urban infrastructures have been completed, and all that remains is to carry out the infrastructures for each housing plot.
Cost of the land in relation to the estimated price of the house, ratio (per house): Less than 12.5%.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Properstar, and do not constitute property particulars. Please contact Properstar for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.