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Other for sale in Alcabideche, Portugal
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Other for sale in Alcabideche, Portugal

1 200 000€

Alcabideche

Features

  • 1.15 hectares of land (2.85 acres)
  • N/C

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Description: This property in Alcabideche consists of three contiguous plots of land that are being sold together. The first plot is an urban land measuring 1,397m², allowing for the construction of houses with up to 2 floors above the threshold level, with an implantation area of 690m². Currently, there is a small shack house on this land, with 42m² of implantation area and a patio of 1,355m². The second plot is an urban plot with 55m², featuring a house occupying 40m² of space. It is possible to add one more floor to this house, making it a 2-story building. The third plot is a rustic land spanning 10,000m², suitable for structures that serve agricultural purposes. Price thoughts: The price for this property may seem high at 1,200,000, but considering the total land area of 12,452m² and the potential for development and construction on the urban plots, it presents an opportunity for a lucrative investment. The unique combination of urban and rustic land offers versatility and potential for various projects. With the right vision and development plan, this property could yield significant returns in the future.

Location

Alcabideche

Date added: 11.09.2024

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