Lisbon, Vila Franca de Xira, Portugal
- PROPERTY TYPE
Residential Development
- SIZE
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Description
Vila Franca de Xira, a mere 25km from Lisbon and a 15-minute drive from the airport, boasts excellent connectivity through urban trains and convenient access to Lisbon via the A1 highway. The locality also features top-notch medical facilities, including a nearby hospital, childcare options, and educational institutions.
This development holds significant value as urban land for residential projects is very scarce in this area.
The approved Preliminary Information Request (PIP) for 84 residences is a testament to the strategic location and visionary planning. Each spacious residence, ranging from 283m2 to 325m2, is strategically oriented to capture the unparalleled beauty of the Tagus River, providing generous living spaces and outdoor areas. The architectural design is distinctive and exclusive, embracing innovative and sustainable construction practices. The urban development includes parking facilities, green spaces, and comes complete with a Geological Study and Traffic Project.
This property has also received a positive assessment for incorporating a senior living community within the development alongside the residential areas.
It is possible to acquire the company that owns this asset which will also be very advantageous in this acquisition.
Presently, we estimate that townhouses and semi-detached residences can be introduced to the market at approximately €410,000, while detached residences may fetch around €650,000.
An excellent opportunity to build highly in-demand middle-class housing in a rapidly expanding urban area near Lisbon.
Lisbon, Vila Franca de Xira, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Lisbon(International)14.7 miles
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About the agent
Portugal Sotheby's International Realty, Lisboa Centro
Av. Fontes Pereira de Melo, nº 35, Loja C 1050-118 Lisboa
Artfully uniting extraordinary homes with extraordinary lives
Notes
This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Lisboa Centro (reference 103210559) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.