Land for sale in Vila Real, Portugal

Take advantage of this unique opportunity to acquire an exclusive plot for vertical construction, in the heart of Vila Real. With an area of 1440m², this land offers great potential for the development of residential or commercial projects. Located on Rua de Santa Iria, near the Church of Nossa Senhora da Conceição, the land benefits from a strategic location and excellent accessibility. With three distinct fronts 65 meters on Rua 20 de Julho, 50 meters on Rua de Santa Iria, and 45 meters at the back the plot offers excellent visibility and exposure. Currently, there is a 240m² 5-bedroom house on the site. The land has an approved Urban Intervention Plan (PIU) from 2009, allowing for the construction of 14 apartments and 5 commercial spaces, offering great potential for a solid return on investment. If you are looking for an investment opportunity with high potential for appreciation and profitability, dont miss this chance!