Land for sale in Nazaré, Portugal — €700,000

About this land

Strategic real estate asset in Famalicão, Nazaré: 11,616 m² plot with approved PIP (Preliminary Information Request) for 12 detached houses and immediate income potential from existing habitable villa. A rare development opportunity on Portugal's Silver Coast, in one of the country's most sought-after tourist and residential areas. The approved PIP removes the key planning barrier, allowing direct progression to architectural design. The project The approved planning framework covers 12 lots ranging from 391 m² to 930 m², sized for the family and second-home segments. Projected villas range from 231 m² to 294 m², designed to maximise privacy and outdoor living precisely what buyers in this market demand. Immediate income The asset includes an existing 3-bedroom villa (374 m², built area 276 m²) with fireplace, equipped kitchen, cellar, wood-fired oven, garden, terrace and garage. Available for immediate short-term rental or long-term lease generating cash flow while the development moves forward. Location and market Famalicão is located 7 minutes from São Martinho do Porto and 10 minutes from Nazaré two landmark destinations on the Silver Coast. Easy access to the A8 motorway, Caldas da Rainha and Lisbon (90 min) ensures strong national and international connectivity. Residential demand in this corridor has grown consistently, with absorption rates and price appreciation above the national average. Investment flexibility The asset supports three distinct strategies: full development of all 12 villas for sale; sale of individual approved lots with planning documentation; or short-term rental of the existing villa while awaiting the optimal market moment to build. A low-risk structure with multiple exit options. Full PIP documentation available. Contact us to schedule a site visit and project briefing. Contact us today!