This exclusive development opportunity presents a fully approved project for three modern, single-story homes located in the desirable parish of Parceiros, Pernelhas. Perfect for builders and investors seeking high demand and tailored solutions, this 725 m² plot offers the potential to create three distinct residential units—T2, T3, and T4—designed to suit a variety of budgets and preferences. The development encompasses a total gross construction area of 470 m², with a building footprint of 240 m². Situated in close proximity to the city center, shopping malls, and the local polytechnic, the location benefits from strong demand for quality rental and ownership properties.

The project includes three thoughtfully designed units, each featuring contemporary layouts and ample amenities. Unit A offers four bedrooms, including a master suite with a walk-in closet, three bathrooms, and parking for two vehicles, with a private gross area of approximately 189 m². Unit B provides three bedrooms—two of which are en-suite with Walk-in closets—three bathrooms, and parking for two cars, spanning roughly 163 m². Unit C comprises two bedrooms, two bathrooms, and parking space for one vehicle, covering around 117 m².

This venture presents a lucrative opportunity for creating high-yield rental properties, with potential for design modifications to enhance appeal and profitability. Your experience in construction or real estate investment will ensure confidence in advancing this project, with support available to maximize its market potential. Schedule a visit with Vitor Franco from IAD Portugal to explore the location, review the project details, and discover the exciting potential awaiting you.

Land

Data source: https://www.rightmove.co.uk/properties/166697321?currencyCode=GBP#/?channel=OVERSEAS