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2 350 000 €
Land in São Mamede de Infesta e Senhora da Hora, Matosinhos
Matosinhos, PortoLand in São Mamede de Infesta e Senhora da Hora with 2 800 m²
2 800 m²
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Land for sale
Near S. João Hospital – Development Plot with PIP for 35 Residential Units Ref.: 2362-SMI An outstanding opportunity for developers and investors. Urban development plot with 793 m², located in Amial (Paranhos – Porto), with a PIP (Prior Information Request) currently under approval for the construction of a residential building comprising 35 apartments (studios, one-bedroom and one-bedroom plus office/flex room units). The proposed development consists of a building with Basement + Ground Floor + 4 Storeys, designed to meet the strong residential demand in one of Porto's most dynamic and sought-after areas. According to the feasibility study, the project is expected to generate an overall sales value of approximately €8.5 million, with an estimated profit margin between 40% and 50%. Property Features Plot area: 793 m²; Approximately 24 metres of street frontage; PIP (Prior Information Request) under approval for 35 residential units; Planned unit types: Studio (T0), One-Bedroom (T1) and One-Bedroom + Office/Flex Room (T1+1); Approved concept for Basement + Ground Floor + 4 Storeys; Plot configuration particularly suitable for basement construction, allowing a more efficient and cost-effective excavation process.Location Just 3 minutes from S. João Hospital, the IPO Oncology Institute and the University Campus, the plot enjoys a prime location with excellent transport links, a well-established urban environment, and is situated within a URA (Urban Rehabilitation Area). Nearby amenities include: Hospital de S. João Metro Station; São Mamede de Infesta Railway Station; Bus stops directly outside the property with frequent services to Porto, Maia and Matosinhos; Easy access to Circunvalação Ring Road, Via Norte, A3 and A4 motorways; Supermarkets, pharmacies, restaurants, schools, local shops and all essential services.Investment Potential The proximity to the largest hospital and university hub in northern Portugal makes this one of the region's most sought-after locations for residential property, both for owner-occupation and the rental market. The proposed apartment mix is perfectly suited to local demand, offering an attractive solution for students, healthcare professionals, university staff and young professionals. Similar residential developments in the area have experienced very strong market demand, with units frequently being sold during the construction phase. An excellent opportunity to develop a residential project...
Details
Construction Year- -
Gross Area m²- -
ElevatorNo
Private Gross Area m²2 800
Living Area m²- -
GarageNo
Total Lot Size m²2 800
Price m²839 €
Floor- -
Location
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Additional link:https://www.viplar.pt/imoveis/show.aspx?idcont=1233
Origin Listing reference:id. 2362-SMI_1233
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