Property photos
£5,194,520
€6,000,000 (€46/sq. ft)
Land for sale
Street Name Upon Request, Melides, Pt129,167 sq. ft
Local area information
Property location
Nearby amenities
Features and description
In the core of Melides, we present a land plot with unique characteristics for high-end real estate development. Spanning 1.2 hectares (approx. 3 acres) - to be detached from a 1.8-hectare estate - this parcel is located in an urban expansion zone, combining central convenience, privacy, and an extraordinary visual horizon.
The property benefits from a strategic location: Set back from the main road to guarantee silence, yet with immediate access. The terrain is predominantly flat, optimizing construction costs, but holds a priceless asset: Regarding future development of two-story single-family homes, the upper level reveals a breathtaking panorama over the iconic rice paddies, the Melides Lagoon, and the Atlantic Ocean line.
The asset holds high potential for subdivision. We are currently liaising with the Grândola City Council to define the specific zoning parameters. The ability to build vertically (two floors) not only maximizes the gross construction area but also unlocks the premium commercial value of the scenic views.
This is an opportunity for developers ready to undertake the necessary infrastructure works, creating a residential compound where village life merges with the pristine landscape of the Alentejo Coast.
Investment Highlights:
Views: Ocean, Lagoon, and Rice Paddies (from the 2nd floor).
Location: Center of Melides (urban expansion).
Topography: Flat (construction-friendly).
Potential: Single-family residential or mixed-use.
The property benefits from a strategic location: Set back from the main road to guarantee silence, yet with immediate access. The terrain is predominantly flat, optimizing construction costs, but holds a priceless asset: Regarding future development of two-story single-family homes, the upper level reveals a breathtaking panorama over the iconic rice paddies, the Melides Lagoon, and the Atlantic Ocean line.
The asset holds high potential for subdivision. We are currently liaising with the Grândola City Council to define the specific zoning parameters. The ability to build vertically (two floors) not only maximizes the gross construction area but also unlocks the premium commercial value of the scenic views.
This is an opportunity for developers ready to undertake the necessary infrastructure works, creating a residential compound where village life merges with the pristine landscape of the Alentejo Coast.
Investment Highlights:
Views: Ocean, Lagoon, and Rice Paddies (from the 2nd floor).
Location: Center of Melides (urban expansion).
Topography: Flat (construction-friendly).
Potential: Single-family residential or mixed-use.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Properstar
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