Smart Investors’ Choice: High-Potential Development Land

Description:

Located in one of the most sought-after urban areas of Sintra, this multifunctional property offers exceptional investment potential with high visibility and strategic positioning, on the route to the Vila Galé Sintra Hotel.
Classified in the Sintra Municipal Master Plan (PDM) as Residential Spaces Level 2, the property is situated in a predominantly residential area with a strong presence of local commerce and services. Urban planning regulations allow the construction of a two-storey single-family residence with a building footprint of up to 50% of the total land area, offering excellent development flexibility.
Currently licensed for a shopping centre, the property is unoccupied, presenting a rare opportunity for investors. It is suitable for immediate commercial use, redevelopment, conversion, or the construction of a residential building with multiple units or a large private residence.
Positioned in the heart of the urban area, the property benefits from a central and strategic location, with easy access to local services, schools, and public transport. Its location on a main route leading to Sintra’s most popular beaches and to the Vila Galé Hotel ensures strong visibility and accessibility.
The property features two independent entrances from different streets, generous parking space, and 384 m² of gross built area, set within an urban plot of 2,320 m².
Only 10 minutes from the historic centre of Sintra and the renowned beaches of Magoito, Praia Grande, and Azenhas do Mar, this property is located in one of the municipality’s most desirable areas. It also offers views of the Sintra mountains and excellent access to Lourel, the A16 motorway, and the IC19, connecting quickly to Lisbon and the surrounding region.