Prime Development Plot of 10,880 m² in Cabanas, Setúbal

This excellent plot of land for sale in Cabanas, Setúbal, spans an impressive 10,880 m². Its unique 'L-shaped' topography boasts a Northwest/Southeast orientation, ensuring sunlight throughout the day. The potential for development is vast, catering to both luxury residential projects and tourist accommodations, all against the stunning backdrop of the Arrábida mountains.

The land is classified within the Cabanas Urban Perimeter and offers a high-density development potential according to the Palmela Municipal Master Plan. Specifically, 1,385 m² of the plot is designated as urban space for medium-density housing, allowing for approximately 13 units of around 135 m² each. Additionally, the urbanizable space of 9,495 m² provides the capacity for 27 new villas, making this an ideal investment for those looking to construct single-family homes or tourism-related properties.

Existing structures on the site include an old wine cellar, a traditional olive press, and a historic family home, presenting opportunities for a renovation project that combines heritage with modernity. An economic feasibility study indicates a projected return on investment of approximately 22%, underscoring the viability of this development.