Buy luxury house or villa Póvoa de Santa Iria e Forte da Casa: 2 prestige properties for sale

Luxury home - High-Yield Investment Opportunity in Greater Lisbon | Development & Rehabilitation Project Are you looking for a solid real estate investment with significant capital appreciation potential in a fast-growing strategic location near Lisbon? We present a prime opportunity in the heart of Póvoa de Santa Iria, situated next to the historic center and just steps away from the train station. The Asset This real estate asset comprises two plots totaling approximately 800 sqm, currently featuring five independent houses, outbuildings, and outdoor areas. The site offers three main development pathways: Rehabilitation: Restore the existing structures for the rental market or resale, leveraging the authenticity of the historic core. Expansion: According to the Pip (Prior Information Request) submitted to the Vila Franca de Xira Municipality, there is potential to add one or two additional floors to the current buildings. New Development: Total or partial demolition to make way for a modern residential project (or other uses) with an estimated Gross Construction Area (Gca) of 1,000 sqm. Location Highlights Strategic Connectivity: Only 5 minutes from Lisbon via the A1 highway or train (station within short walking distance). Walkability: Seconds away from traditional local trade, services, schools, and restaurants. Lifestyle: A peaceful residential environment with historic identity and proximity to the Tagus River. Market Growth: A high-demand area seeing a surge in interest from young families and international investors. Urban Planning & Potential Feasibility Confirmed: The Municipality has formally confirmed (via Pip) the viability of demolition, expansion, or new construction. Urban Regeneration Area (Aru): The property is located within a classified "Urban Ensemble of Interest" and the Póvoa de Santa Iria Aru, providing access to significant tax incentives and rehabilitation grants. Versatility: Ideal for multi-family buildings, co-living spaces, senior residences, or innovative urban housing models. Ideal Investor Profile This is the perfect asset for those looking to: Develop an urban project on the doorstep of Lisbon. Invest in a high-demand, low-supply residential market. Capitalize on public incentives for urban regeneration. Secure a high-yield project with guaranteed returns.