Description

House to rebuild in the Center of Sines, on the Alentejo Coast, with a study done for the construction of a building with 5 apartments
This house next to the Historic Center of Sines is a good opportunity for investors who want to develop a housing project.
Located on a street parallel to Avenida General Humberto Delgado, next to the Hotel Sinerama, the Municipal Market and the Sines Arts Centre, this villa is located in a central area of the city.
With a study carried out for the construction of 5 apartments (Two T0, One T2 and Two T3), this could be an opportunity to invest in Sines, in a property with a privileged location, at a time when demand in the housing market is much higher than offer and with a tendency to grow in view of the industrial, technological and energy investment projects underway and planned for the coming years.
» About Sines
Sines is a city located in the center of the Alentejo Coast, experiencing strong economic growth, currently under development and investments in industrial, green energy, logistical and technological projects that exceed one billion euros (for more details, see our blog here https://vascodagamaimobiliaria.com/blog/).
Sines is a historic city, having been a small Fishing Village until the 70s of the last century, when the construction of the Industrial Complex of Sines and the port infrastructure began and the population grew.
Since then, the fishing tradition has coexisted with the development of Sines, which is currently experiencing a new dynamic, especially with the commitment to the technological sectors - this is where the Ellalink submarine data cable is coupled, which connects Europe directly to Brazil and will host a hyperscale datacenter from the company Start Campus, whose construction has already begun - and energy, in which the first larger-scale project for the production of hydrogen and ammonia, promoted in partnership by the companies Madoqua Renewables (Portugal), Power 2X ( Netherlands) and Copenhagen Infrastructure Partners (Denmark), has already been announced by the Government.
Alongside the economic development with local and national impact, Sines (and neighboring municipalities) offers unique conditions for those who like to live in peace, a stone's throw from the countryside and the best beaches on the Alentejo Coast, whether to relax or to practice sports such as surfing. São Torpes is, in fact, one of the best known beaches in the country for practicing this sport, as is Malhão, just a few km to the south, in the municipality of Odemira.
And all this 1 hour and 30 minutes by car from Lisbon and the Algarve.