Engel & Völkers
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Plot of land for residential construction in Tojal

€970,000
  • ~6,920 m² Plot surface

Description

Plot of land with 6920sqm for construction in Tojal in Loures, which according to the new PDM, is part of the "Housing Zone to be Restructured", has a financial feasibility and architectural study for the construction of a nursing home and senior residences, with an implementation area of 1,746sqm and a total gross construction area of 4.154sqm, 3.061sqm above ground and 1.092sqm below ground. Taking into account the consultations made with the City Council, it was concluded that this plan would be viable with a construction index of 0.45 and a volume of 2 floors above ground. This is an area where the city is expanding and where rurality and calm are very much present, an ideal situation for installing this type of equipment. Given the current urban context and the foreseeable development of the area, this type of infrastructure built from scratch and taking into account all the legal requirements in force and presenting a unique architectural image, will be important factors in enhancing the municipality of Loures and the parish of S. Antão and S. Julião de Tojal in particular. This plot of land had a project submitted to the town hall for the construction of 17 townhouses as well with an implantation area of 1.358sqm and a gross construction area of 2.618sqm, currently on file with the possibility of renovation. A great investment opportunity in a rapidly expanding area both residential and commercial. Come and see for yourself!
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Engel & Völkers Lisboa MMC

Your advisor: Liliana Pereira

Property ID: W-02XKG1

Property details
  • Object type

    Site

  • Plot surface

    ~6,920 m²

Location: Santo Antão do Tojal, Lisbon

The fertility of the land, the abundance of water and the purity of the countryside gave shape to this region, which from King Afonso Henriques until the reign of Queen Maria II was part of the city of Lisbon. For all these reasons, many monarchs and nobles built their estates and palaces in these lands, which they chose as places of leisure, rest and escape from disease and pests. The evolution of the city of Lisbon and its outskirts, as well as the growing economic importance of the area, led to Loures being elevated to a municipality by royal decree in 1886, incorporating the parishes of the now defunct municipalities of Olivais and Belém.

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