€3.5M - 119 Unit Senior Residence Project (PIP Pending) - Oeiras, Portugal
Total Land Area: 11,466m²
Projected Gross Living Area: 18,152m²
Current Status: Project for assisted senior living complex; engineering updates and re-approval required
Key Features:
119 serviced studio units (T0), each with parking and storage
Garden area surrounding two connected buildings
Comprehensive amenities: medical cabinet, reception, chapel, auditorium, cinema, and dining rooms
Kitchen, laundry, and multiple social spaces
Potential for balconies or terraces per unit
Investment Highlights:
Strategically located in Oeiras near A5, 20 minutes from Lisbon
PDM-zoned for social equipment; alternative licensing possible for student housing
Company sale includes land and existing (non-approved) project
No liabilities beyond shareholder loans to be cleared at closing
Ideal for repositioning or redevelopment under updated urban regulations
Sandra Toste
50/50