Setúbal, Palmela, Portugal
- PROPERTY TYPE
Land
- SIZE
458,542 sq ft
42,600 sq m
Description
We present a unique opportunity for investors, funds, and real estate developers seeking large-scale residential projects with high profitability and low urban risk, in a strategic location within the Lisbon Metropolitan Area.
The property has 42,605 m² and includes existing ruins, the largest of which is a warehouse with 453 m². The estate benefits from excellent proximity to the main road and railway networks, being located just 30 minutes from Lisbon Airport. Its proximity to international schools, a marina, and golf courses further enhances its positioning for premium residential segments.
Premium Urban Development Potential
The land has a maximum potential for up to 126 residential units, offering flexible concept and density, ideal for real estate investment, subdivision development, or innovative residential projects.
In January 2026, a PIP (Urbanization Plan) was approved for a subdivision with the following construction capacity:
Medium-Density Expansion Area (H1): Maximum buildable area: 13,544.08 m²
Up to 101 residential units (apartments or villas)
2 above-ground floors, allowing adaptable architectural design and optimized density
Consolidated Urban Classification (H2c):
Maximum buildable area: 3,078.6 m²
Up to 25 residential units
3 above-ground floors, ideal for vertical development or gated communities
Additional Asset Differentiators:
Approved PIP and a second PIP in the approval process with subdivision design (33 and 56 units), enabling fast execution and clear understanding of the future layout
Flexibility to modulate typologies (apartments, townhouses, or villas)
Potential to maximize ROI and land value
Premium Location & Recognized Environmental Value
Close to the beaches of Comporta, a destination with high international demand
Near the Arrábida Natural Park, recently classified as a UNESCO Biosphere Reserve, recognized for its biodiversity, unique landscape, and balance between environmental conservation and human development
Why Invest:
Reduced urbanization risk and higher execution predictability
Flexible project options: residential, build-to-rent, mixed-use
Strategic location in a high-growth corridor of the Lisbon Metropolitan Area
Strong ESG component and international recognition assured by the UNESCO designation
This asset represents a rare strategic entry opportunity in a premium location, combining scale, development flexibility, and lifestyle positioning associated with outstanding natural environments.
Schedule your meeting now for a full presentation of the asset dossier.
#ref: 847844
Setúbal, Palmela, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Lisbon(International)18.0 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 847844) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.