R. 1 DE JANEIRO 1, 2955-119 PINHAL NOVO, PORTUGAL
Land for Sale in R. 1 de Janeiro 1, 2955-119 Pinhal Novo, Portugal USD 3,200,000
DESCRIPTION
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Mixed-use land with 104,000 m² in Cascalheira, Pinhal Novo, with construction feasibility and a 130 m² ruined house.
Development feasibility for:
H2 urbanizable area: 1,344 m², of which 800 m² are buildable;
H1 urbanizable area: 6,040 m², of which 2,416 m² are buildable;
Industrial area: 79,000 m², of which 47,300 m² are buildable;
Green area: 13,000 m², of which 80 m² are buildable.
Favorable municipal opinion for single-family houses in the H1 urbanizable area with 3 floors, and apartment buildings with 4 floors in the H2 urbanizable area.
Area reserved for industry and parking within the industrial zone.
Feasibility for sports fields in the green area, with space for 2 football (soccer) fields and supporting infrastructure.
Public water supply and sewage networks are located 100 to 150 m from the urbanizable areas, as well as the gas network at the same distance.
Excellent profitability and multiple project possibilities.
Technical information provided in 2019, and under the new PDM of 2025 the urbanizable and buildable areas will be slightly expanded.
Area of strong growth with residential and/or industrial spaces, and excellent access.
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NEIGHBORHOOD · PALMELA · PINHAL NOVO · PORTUGAL · SETúBAL
Pinhal Novo is a town in Portugal situated in the Setúbal Peninsula halfway between Lisbon and Setúbal. It is a civil parish of the Palmela Municipality. The population in 2011 was 25,000, in an area of 54.44 km2. It is served by two highways connecting Lisbon to the South and by its new train station that has enabled residents to connect… (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
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Verdict: partial
Investment factors
What to look for when judging a property's investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.
