Land in Portalegre

Urban land with approved PIP for construction of a residential development exceeding 3,000 sqm in the centre of Portalegre, with panoramic views of Portalegre Castle, Alentejo.The current price includes the approved project with licences to be paid and provides for the construction of 24 two-bedroom flats (8 per floor) of 110 sqm, with two en-suite bedrooms and a guest toilet in each flat.It features 36 parking spaces on the -1 floor and a communal swimming pool. The plot is 2,800 sqm and involves partial demolition of the existing building, making it eligible for urban rehabilitation criteria. A unique investment opportunity given the extraordinary location of the plot on one of the highest points of the city, near higher education institutions, local shops and services.It is located a one hour from Badajoz and two hours from Lisbon.