Land in Ovar with 1 430 m²

This is an outstanding opportunity for real estate developers and investors seeking an asset with high profitability potential, located in an area undergoing strong appreciation and increasing demand, both nationally and internationally. Esmoriz has been consolidating its position as an attractive residential destination, benefiting from its proximity to the coast, excellent accessibility, and quality of life—key factors driving demand for well-located, high-quality residential developments.

The plot has a total area of 1,430 m², includes existing improvements, and is situated in a strategic area with strong potential for the creation of a new urban centrality, contributing to the regeneration and enhancement of one of the city’s main avenues.

Located on Avenida Draveil, in the heart of Esmoriz, the property is covered by the Avenida Draveil Detailed Plan, an urban planning framework that structures and regulates development in this area, ensuring consistency, predictability, and added value for investors—an important advantage when planning and executing a project.

According to the approved plan, the development allows for the construction of 3 residential blocks, comprising ground floor plus 1st, 2nd, and 3rd floors, totaling 33 residential units. The project foresees a gross construction area of 3,180 m², with a building footprint of 834 m², ensuring a balanced land use aligned with current market standards.

The surrounding area offers a wide range of shops, services, schools, public transport, and excellent motorway access, providing fast connections to major urban centers such as Porto and Aveiro, reinforcing the property’s attractiveness and long-term value.

A solid and distinctive opportunity for investors seeking a structured residential development in a prime location with strong appreciation and return potential.