Vila Real 5000-046 , Portugal

MLS#: C0406-01851

$620,742 USD

€595,000 EUR

Minimum sellable space
240m²
The details

Property features

Date Updated: Dec 4, 2024

Area

Land/Lot size
240m²

Description

Take advantage of this unique opportunity to acquire an exclusive plot for vertical construction, in the heart of Vila Real. With an area of 1440m², this land offers great potential for the development of residential or commercial projects.Located on Rua de Santa Iria, near the Church of Nossa Senhora da Conceição, the land benefits from a strategic location and excellent accessibility. With three distinct fronts — 65 meters on Rua 20 de Julho, 50 meters on Rua de Santa Iria, and 45 meters at the back — the plot offers excellent visibility and exposure.Currently, there is a 240m² 5-bedroom house on the site. The land has an approved Urban Intervention Plan (PIU) from 2009, allowing for the construction of 14 apartments and 5 commercial spaces, offering great potential for a solid return on investment.If you are looking for an investment opportunity with high potential for appreciation and profitability, don’t miss this chance!

Location

Vila Real 5000-046 , Portugal
map image
Courtesy of CENTURY 21 Realty Art VI