£5,143,998
(€46/sq. ft)
€6,000,000
Land for saleEstrada Nacional 261, Melides, Portugal
129,167 sq. ft
Just added
About this property
Premium Development: 1.2 Hectares In The Center Of Melides Urban Area
In the Melides nucleus, we present a plot with unique characteristics for premium real estate development. With an area of 1.2 hectares and the possibility to build up to 6,000 m2 - highlighted beside a mixed-use building of 1.8 hectares - this parcel is located in an urban expansion zone, combining centrality, privacy and an extraordinary visual horizon.
The property benefits from a strategic location: Set back from the main road to ensure quiet, yet with immediate access to infrastructure. The land is largely flat, which facilitates the construction, but it has an invaluable attribute: In a future project of single-family homes with two floors, the upper level reveals a stunning panorama of the iconic rice fields, Melides Lagoon and the horizon line of the sea.
The asset presents high potential for subdivision. We are conducting due diligence with the Grândola City Hall to define the preliminary information request to determine building density. The possibility of vertical construction (two floors) not only optimizes gross building area but also unlocks the commercial value of the panoramic views.
This is an opportunity for investors willing to undertake the urbanization works, creating a condominium or residential complex where village life blends with the natural landscape of the Alentejo Coast.
Investment Attributes:
Views: Sea, Lagoon and Rice Fields (from the second floor).
Location: Center of Melides (expansion area).
Topography: Flat (optimized construction).
Typology: Single-family Residential or Mixed-use.
In the Melides nucleus, we present a plot with unique characteristics for premium real estate development. With an area of 1.2 hectares and the possibility to build up to 6,000 m2 - highlighted beside a mixed-use building of 1.8 hectares - this parcel is located in an urban expansion zone, combining centrality, privacy and an extraordinary visual horizon.
The property benefits from a strategic location: Set back from the main road to ensure quiet, yet with immediate access to infrastructure. The land is largely flat, which facilitates the construction, but it has an invaluable attribute: In a future project of single-family homes with two floors, the upper level reveals a stunning panorama of the iconic rice fields, Melides Lagoon and the horizon line of the sea.
The asset presents high potential for subdivision. We are conducting due diligence with the Grândola City Hall to define the preliminary information request to determine building density. The possibility of vertical construction (two floors) not only optimizes gross building area but also unlocks the commercial value of the panoramic views.
This is an opportunity for investors willing to undertake the urbanization works, creating a condominium or residential complex where village life blends with the natural landscape of the Alentejo Coast.
Investment Attributes:
Views: Sea, Lagoon and Rice Fields (from the second floor).
Location: Center of Melides (expansion area).
Topography: Flat (optimized construction).
Typology: Single-family Residential or Mixed-use.
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