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2,000,000€
Unique opportunity – Land for construction with approved project in Leça do Balio, Matosinhos Prime location: This area is part of the Porto metropolitan area, a dynamic city with sustained real estate growth. Matosinhos is an attractive area for families and investors due to: - Proximity to Porto: Quick access to the city center and key infrastructures. - Residential development: Expanding neighborhood with several recent real estate projects. - Infrastructures: Schools, shops, and well-developed public transport. Area: 7,900 m² of land | 4,000 m² of construction Already approved project: Development of 22 T3+1 or T4 single-family homes Planned types: Homes from 165 to 185 m² each, with outdoor space Secure investment – High profitability Land sale price: - €2,000,000 with builder (includes price guarantee for construction at €1,000/m² + no initial costs, the builder exchanges a €500,000 house to be deducted from the total cost of the project) - €2,300,000 without builder (complete freedom for the investor) Financial analysis and profitability: - Total project cost: €6.3 million (land + construction + additional expenses) - Estimated sale price of homes: Between €430,000 and €520,000 - Estimated total revenue: €9.46 million to €11.75 million - Expected revenues: - Scenario 1 (average sale price €430K) → €9.46 million - Scenario 2 (average sale price €520K) → €11.75 million - Scenario 3 (average sale price €520K, but with financing and higher marketing costs) → €11.75 million - Expected profit margin: Up to €5.05 million - Potential ROI: Up to 205% - Quick return: 3 years Strategic location & attractive real estate market Leça do Balio – Matosinhos: A rapidly developing residential area, ideal for a profitable real estate project Immediate proximity to Porto: Well connected by major roads and public transport High-quality infrastructure: Schools, shops, shopping centers, and hospitals nearby Desired living environment: A quiet area with green spaces and high quality of life Strong real estate demand in the region Market trend: Strong growth in demand for new homes in this area Price comparison: Similar homes (T3+1 or T4 from 165 to 185 m²) are currently being sold between €420,000 and €520,000 A project designed to attract families and investors Are you an investor or developer? Take advantage of this opportunity A turnkey project with exceptional profitability potential Immediate availability – Possibility for a visit upon request Contact us now for more information and to schedule a visit #ref: 138530.
Additional Property Information:
• External size: 7,900 m²
• Size: 7,900 m²
• Reference: 138530
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