Strategic real estate asset in Famalicao, Nazare: 11,616 m2 plot with approved PIP  Preliminary Information Request  for 12 detached houses and immediate income potential from existing habitable villa.
A rare development opportunity on Portugal's Silver Coast, in one of the country's most sought-after tourist and residential areas. The approved PIP removes the key planning barrier, allowing direct progression to architectural design.
The project
The approved planning framework covers 12 lots ranging from 391 m2 to 930 m2, sized for the family and second-home segments. Projected villas range from 231 m2 to 294 m2, designed to maximise privacy and outdoor living precisely what buyers in this market demand.
Immediate income
The asset includes an existing 3-bedroom villa  374 m2, built area 276 m2  with fireplace, equipped kitchen, cellar, wood-fired oven, garden, terrace and garage. Available for immediate short-term rental or long-term lease generating cash flow while the development moves forward.
Location and market
Famalicao is located 7 minutes from Sao Martinho do Porto and 10 minutes from Nazare two landmark destinations on the Silver Coast. Easy access to the A8 motorway, Caldas da Rainha and Lisbon  90 min  ensures strong national and international connectivity. Residential demand in this corridor has grown consistently, with absorption rates and price appreciation above the national average.
Investment flexibility
The asset supports three distinct strategies: full development of all 12 villas for sale; sale of individual approved lots with planning documentation; or short-term rental of the existing villa while awaiting the optimal market moment to build. A low-risk structure with multiple exit options.
Full PIP documentation available. Contact us to schedule a site visit and project briefing.
 Contact us today!