Land for sale in Sintra, Portugal — €1,600,000

About this land

We present to you an excellent investment opportunity in one of the most promising locations in the Sintra municipality. This magnificent plot, featuring a generous area of 3,372 sqm, is located in a true ’sweet spot’ that acts as a natural extension of the prestigious Quinta da Beloura and Penha Longa.The plot features a previously approved Request for Prior Information (PIP) that is currently awaiting renewal confirmation. The project envisions an exceptional residential condominium consisting of 15 to 20 light-filled units, ranging from one to three-bedroom apartments. The modern architectural design is divided between an imposin We present to you an excellent investment opportunity in one of the most promising locations in the Sintra municipality. This magnificent plot, featuring a generous area of 3,372 sqm, is located in a true ’sweet spot’ that acts as a natural extension of the prestigious Quinta da Beloura and Penha Longa.The plot features a previously approved Request for Prior Information (PIP) that is currently awaiting renewal confirmation. The project envisions an exceptional residential condominium consisting of 15 to 20 light-filled units, ranging from one to three-bedroom apartments. The modern architectural design is divided between an imposing multi-family building and a distinct set of elegant townhouses, the latter featuring stunning private gardens.Designed for demanding families who value well-being, the condominium offers luxurious amenities: a relaxing communal swimming pool, sumptuous landscaped gardens, and a picturesque rehabilitated well. All this is complemented by convenient underground parking with 33 private spaces, designed to ensure maximum daily comfort and security. With complete infrastructure already available on-site and a historical annual growth of 8 to 12% over the last five years, this project is the perfect choice for developers focused on a fast, secure, and highly lucrative return.The construction project is budgeted at approximately €5,000,000.The average price per square meter for new construction in this area is around €5,098/sqm.Points of Interest:3 km - International Schools (TASIS and CAISL).3 km - Golf Courses.5 km - Alegro Sintra Shopping Center.6 km - Cascais Shopping.28 km - Humberto Delgado Airport (Lisbon).2 km - Immediate access to the IC19 (Direction Sintra / Lisbon).2 km - Immediate access to the A16 Highway (Direction Sintra / Cascais).8 km - Quick access to the A5 Highway (Direction Cascais / Lisbon).Do not miss out on this prestigious and highly profitable investment. Schedule a meeting and a site visit with My Portugal Real Estate today and come discover the future of your next major project! Energy Rating: In progress #ref:GRU_715