Commercial property 3 345 m² in Lisbon, Portugal

Portugal, Lisbon, Oeiras e Sao Juliao da Barra Paco de Arcos e Caxias
Archive cost €1,50M
Sold or out of date
Updated at: 29/06/2023

Location

Country: Portugal
Region: Centro
City: Lisbon

Property parameters

Total area: 3 345 m²

Investment params

Yield per year: 20 0

Description

A plot of land in a prestigious area in the Oeiras region, next to the Oeiras Parque shopping center, the Quinta da Fonte office center, the Lagoas Park technology park and the future highway that will connect the area with the Tagus Park technology park. The land is included in the area of ​​the north of Paso de Arcos (Oeiras region) included in the strategic development plan of the municipality of Oeiras. According to this plan, this land will receive building permits within a year (it will become urban). On June 26, 2019, the municipality of Oeiras decided to begin the preparation of the detailed northern plan for Paço de Arcos (PE4), approving the relevant regulations in accordance with Articles 76, nos. 1 and 88, no. 2 of Decree-Law no. passed without objection. At the moment, the municipality already guarantees that this entire plot can be built up on 20% of the area with a total building area of ​​50%. The plot for sale is 6690 sq.m., from which 1338 sq.m. will be available for building. with a total built-up area of ​​3345 sq. m. The detailed plan (PE 4) will determine the location of the plot with a guaranteed total construction area. At this stage we are talking about 448 euros per sq.m. building land, market price starts from 1000 euros per sq.m .. After all projects are signed and after the development and approval of architecture projects, the cost will increase. Investment with guaranteed income. It is possible to buy a company in whose assets this land is, with partial payment in cryptocurrency.

Location

Portugal, Lisbon, Oeiras e Sao Juliao da Barra Paco de Arcos e Caxias