AAT500: Amazing Commercial Investment Opportunity
Lisbon, Lisbon
Price:
€500,000
Cottage with 40m2. Land with 26,000m2. Approved permission for 28 living units
Property Description
Existing accommodation on the site, equipped with solar power for off-grid living. This renovated cottage (40m2 living space and adjoining storage shed of 8m2) can remain, whether or not the 28-unit development is carried forward. The cottage sits mid-way into the plot, above and beside a consolidated track leading in from the main tarmac road. Beyond the cottage, on the highest part of the plot, is where permission has been granted to build the complex. A non-tarmac road exists at that end of the property also, with access through a gate.
Permission has already been granted for a complex which has 28 separate units, arranged in a courtyard layout. The area of the proposed build is 3,400m2, with each separate unit having an area of 46m2, and each unit to house one or two inhabitants.
Fenced land with 20,000m2, secured with wire-mesh fencing. Trees, including fruit trees, are distributed over the plot at present. There is a second adjoining plot of 6,000m2 available included in the sale. There is a well on site and there is a pump to bring water from that well on the lowest part of the site up to a storage tank at the top of the site for subsequent gravity feed to the cottage.
The idea is that if a buyer requires a “golden visa” then the secondary plot can be included, but the secondary plot is not integral to the development’s permission. If a buyer does not require a golden visa, then the secondary 6,000m2 need not be included in the sale, and the price can be revised downwards to 450,000 euros instead.
A virtual tour is available here of the proposed sheltered housing complex, with integrated health care and social facilities: https://vimeo.com/45750143?ref=em-share
Located one hour drive from central Lisbon, half an hour from the coast.
Property Location

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Nº of Houses: 1Land Size: 26,000m2 / 2.6ha / 6.42acPrice: €500,000
Nearest Accommodation
Services Who Can Support You
• TJ Property Inspections• FC Global Payments - Money Transfer
• Mortgage Direct - Portuguese Mortgages
• Bordr - NIF and Bank Account Set up
• Holborn Assets - Free tax review
• Independent Property Advisors
• Golden Visa Programs
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Email: team@pureportugal.co.uk
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access only on foot
barn
bread oven
central heating
flat land
garage / workshop
good access
grape vines
hillside
internet
mains electricity
multiple houses
outbuildings
permaculture
pond / lake
solar water heating
stables
swimming pool
telephone
temporary home
terraced land
trees
- citrus trees
- fruit trees
- olive trees
vegetable garden
Water
- spring
- stream / river
- water mine
- watermill
- well
woodland
woodstove / fireplace