Land for sale - Alcabideche VBC42895

Strategic opportunity for a solid investment in Cascais. Urban land (and rural parcel), included in the Municipal Master Plan (PDM) as an "Economic Activity Area," facing the A5 highway – an ideal location for business projects with exposure, accessibility, and high appreciation potential. This property offers potential for service, warehousing, micrologistics, retail, or tourism projects. Construction Potential and Urban Framework (according to the Cascais City Council): - Gross Building Area of approximately 672 m2 - Floor area up to 560 m2 - Facade height of 16 meters - Mandatory setbacks of 10 m (front) | 5 m (sides and rear) The urban designation of the land as an "Economic Activity Area" allows for the installation of services, commerce, micrologistics, and non-polluting warehouses. The land is located within a Planning and Management Operational Unit (UOPG No. 2) and could benefit from integrated strategic development. Strategic Advantages: - Visible frontage to the A5 highway - Exclusivity - Growth area and expanding infrastructure; - High appreciation potential with future PIP approval (in progress); - Ideal property for investors seeking low competition, security, and a reliable return. Investment Projection and Estimated Profitability: - Estimated construction cost: ~€525,000 (average construction value €850 to €1,500); - Estimated Gross Profitability: ~5.3%/year (indicative value, dependent on occupancy and actual profitability of end use) Note: Under Decree-Law No. 10/2024 of January 8, the property may not have the urban development permit required for its use or construction. Note 2: The information contained in this listing is based on official documents but does not replace the need for direct consultation of the documentation and submission of a Prior Information Request (PIP) to the Cascais City Council. Show all Show less