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Global Properties

5600m² Land in Vila Nova de Gaia, Portugal No. 347129

$ 3 435 275
$ 613 per m²
5600 Living space, m²
Vila Nova de Gaia, Portugal
Parameters
Living space, m²
5600
ID
347129
Address
rua do Agro
Type
Land
Land area, m²
5600
Completion date
IV quarter, 1995
Property description
Urban Land with Approved PIP Unique Opportunity in Serzedo (Gaia)

Land with 5,600 m² located at Rua do Agro, nº 395, in Serzedo Vila Nova de Gaia.
With PIP approved for multifamily housing, this is a rare opportunity for developers and investors looking for a project ready to move forward in Greater Porto.

Main features:

Total land area: 5,600 m² (C.R.P.)

Planned gross construction area: 1,959.65 m²

Implantation area: 1,502.08 m²

Planned parking: 791.40 m²

Use and typology: Multifamily housing (estimated 20 to 24 fractions)

Land cost per m² of construction: only ~150 /m²

Strategic location:

Just 15 minutes from the center of Porto, with great road access (A1, A29, IC).

Public transport network in operation (STCP and intercity connections).

Local commerce and services within walking distance, as well as schools and support equipment for the population.

Consolidated residential area, with growing demand for housing.

Investment potential:

Land cost represents only ~6% of the expected sale value of the fractions a highly favorable cost structure for developers.

Strong profitability margin, with the possibility of selling apartments between 2,200 and 2,500/m².

Exclusive opportunity for investors: land with approved PIP, reduced technical risk and potential for attractive margins.
Features
Outdoor features
  • Car park
Statistics Vila Nova de Gaia
$ 2 911
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Vila Nova de Gaia
Difference
Monthly Rent Cost
1-Room Apartment
$ 955
2-Room Apartment
$ 769
Apartment Purchase Price per m²
In the City Center
$ 2 911
Outside the City Center
$ 1 747
Crime Index
26
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
7
Safety Index
74
Traffic CO₂ Index
400
Traffic Inefficiency Index
18
Rent Index
22
Health Care Index
49
Groceries Index
52
Pollution Index
31
Traffic Commute Time Index
35
Restaurant Price Index
53
Climate Index
97
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
83
Restaurants
Meal, Inexpensive Restaurant
$ 11.64
Meal for 2 People, Mid-range Restaurant, Three-course
$ 58.22
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.90
Domestic Beer (0.5 liter draught)
$ 3.49
Imported Beer (0.33 liter bottle)
$ 4.66
Coke/Pepsi (0.33 liter bottle)
$ 2.21
Water (0.33 liter bottle)
$ 1.55
Cappuccino (regular)
$ 2.09
Markets
Milk (regular), (1 liter)
$ 1.09
Loaf of Fresh White Bread (500g)
$ 1.80
Eggs (regular) (12)
$ 3.35
Local Cheese (1kg)
$ 12.01
Water (1.5 liter bottle)
$ 0.77
Bottle of Wine (Mid-Range)
$ 5.47
Domestic Beer (0.5 liter bottle)
$ 1.25
Imported Beer (0.33 liter bottle)
$ 2.82
Cigarettes 20 Pack (Marlboro)
$ 6.59
Apples (1kg)
$ 2.48
Chicken Fillets (1kg)
$ 7.62
Oranges (1kg)
$ 2.02
Potato (1kg)
$ 1.70
Lettuce (1 head)
$ 1.57
Rice (white), (1kg)
$ 1.63
Tomato (1kg)
$ 2.45
Banana (1kg)
$ 1.47
Onion (1kg)
$ 2.03
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.86
Transportation
One-way Ticket (Local Transport)
$ 1.98
Monthly Pass (Regular Price)
$ 32.60
Gasoline (1 liter)
$ 1.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 982
Taxi Start (Normal Tariff)
$ 4.54
Taxi 1km (Normal Tariff)
$ 0.87
Taxi 1hour Waiting (Normal Tariff)
$ 14.56
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 671
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 140
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 41.50
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 21.89
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 669
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 41.14
Tennis Court Rent (1 Hour on Weekend)
$ 16.30
Cinema, International Release, 1 Seat
$ 8.97
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 112
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 37.14
1 Pair of Nike Running Shoes (Mid-Range)
$ 94.86
1 Pair of Men Leather Business Shoes
$ 133
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 476
International Primary School, Yearly for 1 Child
$ 10 711
Contact seller
Contact seller

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