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Site in Estoril - excellent project with 1 Penthouse and 4 duplexes

Apartments

The project consists of 2 buildings with 5 apartments in a very special location of Estoril, very close to the sea, 5 minutes-drive from the famous Estoril Casino and the beach, and 30 minutes-drive to Lisbon airport. Each of the 5 apartments have an own garden, terrace, pool, garage in box with storage space and a green view and PH with sea view and safe environment. The upper building has a Penthouse with living room, fireplace, 3 bedrooms, an office , annex, pool, garden and a gym, plus a garage in box for 4 cars with storage space; below are two Duplexes with mezzanine living room, fireplace, 3 bedrooms, pool, garden and garage in box for 3 cars and storage space, all with green view. The lower building has two Duplexes with mezzanine living room, fireplaces, 3 bedrooms and pool, garden and garage in box for 3 cars and storage space. Other extras: Central floor heating; Indoors: PH with office; Outdoors: Garden, terraces and pools;

Saleable floor space: 1.451 m²
The total of sales prices for the Penthouse and 4 Duplexes is EUR 9.53m.

Market survey indicates strong potential demand in this special location, with potential sales of 40% are expected to be secured prior to initiating construction and 60% during the construction phase.

Estoril / Portugal
Asking Price: EUR 2.500.000
Transaction: 100% asset sale
Year of Construction: 2020-21
Status: Detailed plans are ready for this project, awaiting acceptance by City Council to be executed May/June 2020. Construction time 18/20 months. buildings: 2 + upper building with 3 floors and lower building 2 floors.
Floor Space: 1.451 m²
Nº of Floors: 2
Plot Size: 2.708 m²
Nº of Living Rooms: 5
Nº of Bedrooms: 15
Nº of Bathrooms: 16
Carparking:
Garage, Outside Parking Area
Heating:
Floor Heating
House Technique:
Security System, Air Conditioning, Elevator(s)
Indoor:
Office
Outdoors:
Garden, Terrace
Sports & Entertainment:
Gym, Pool
Views
Seaview
Please contact us to receive more information about this property
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