Apartment for sale in Cascais

UNIQUE INVESTMENT OPPORTUNITY IN SÃO DOMINGOS DE RANA – CASCAIS Located in one of the most sought-after and rapidly appreciating residential areas of Cascais, this outstanding property offers a unique combination of a prime location, generous land size and exceptional development potential. Set on a plot of 1,705 sqm with dual road frontage, the property currently comprises two semi-detached villas, a swimming pool and beautifully established grounds with a variety of fruit trees, creating a peaceful and private setting that is increasingly rare to find within a consolidated urban area. The true highlight of this property lies in its outstanding development potential. The land benefits from an approved subdivision (loteamento) for the creation of four independent plots. The respective licence is currently pending payment, and the architectural project for the construction of four new villas is already under development, allowing the future owner to continue a planning process that is already at a very advanced stage. This represents an excellent opportunity for property developers, investors and construction companies looking to significantly reduce the time usually required for planning and urban development, benefiting from the extensive technical and administrative work that has already been completed. The location further enhances the value of this investment. Situated within a quiet and well-established residential neighbourhood, the property enjoys close proximity to schools, local shops, supermarkets, pharmacies, services, green spaces and sports facilities. It also offers excellent access to the main road networks connecting Cascais, Lisbon, Sintra and Oeiras within just a few minutes. The surrounding area perfectly combines the tranquillity of a low-density residential environment with the convenience of being close to all essential amenities. In a market where large development plots with advanced planning status are becoming increasingly scarce, this property represents a rare investment opportunity in one of the most desirable and consistently appreciating areas of the Cascais region. An ideal acquisition for developers seeking to create a high-quality residential project, investors looking to secure a premium asset on the Cascais coastline, or anyone wishing to acquire a property with significant long-term appreciation potential. For further information regarding the approved subdivision, available documentation and planning status, please do not hesitate to contact us. All information provided is subject to documentary verification and should not be considered legally binding. For the purposes of Decree-Law No. 10/2024 of 8 January, please note that the property does not currently hold a Use Licence nor the necessary urban planning titles required for the use or construction of an urban building.