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Land, Setúbal, Setubal, Portugal

Price ( GBP ) 7478707
  • ID 7478707 / Ref - H210157
Land
Notice
  • for sale

Price
£ 2 389 077
299 £/m2
Floor area
7999.2 m2

Property features

Description
Urban plot of 1.161m2 with a constructed area of 7999m2. PIP approved for construction of 7999m2, comprising 55 flats and 55 below ground car parking spaces. The site is situated on a mixed use development site in Azeda de Baixo-Setúbal with 12,900m2 of land. The plot is composed by 16 lots that are destined to Apartments and Hotel buildings. The infrastructures of the lots are in place. PIP approved at the end of 2021 for urban development and construction of flats and a 4 star hotel. - 499 flats, in a total of 72.000m2; - 8 floors above ground and 3 floors below ground (average): - Gardens: - Car parks, exterior and interior below ground; - 4* Hotel with 8500m2. This PIP is integrated in the list of urbanistic commitments in the revision of the PDM of Setúbal in 2021. There is the possibility to invest individually in one of the 16 plots and develop the project conditioned to the approved PIP for each one of the plots. There are plots available for sale with the following parameters: - 2400m2 for the construction of 16 flats a - 9500m2 for the construction of 60 flats Located at the entrance of Setubal, in the new developed area of Setubal with new roads around the neighbourhood and a new shopping centre (the first in Setubal) which opened in October 2014 the plots are located south of Antero de Quental Avenue. Setúbal is located 32 km from Lisbon. Between the northern part of the river Sado and the west, in the beautiful area of Serra da Arrábida (natural park). Setúbal has one of the most beautiful bays in the world. The district of Setubal has 900,000 inhabitants and more than 130,000 residents in the Municipality of Setubal which is an important urban centre of more than 172 km2 divided into 8 sub-zones and belongs to the 'Greater Lisbon' area. Setúbal is linked to the rest of Portugal with excellent motorways that allow you to travel to any part of the country, the main ones being A12- connects directly to Lisbon, part of the expo and airport by the Vasco da Gama Bridge, and to the western part of Lisbon by the A2 motorway and the 25 de Abril bridge; A2- a motorway that connects Lisbon to the Algarve, in the south of Portugal, and passes through Setúbal. Energy Rating: Exempt #ref:H210157

Features
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