Multifamily Building Plot for Sale – Palmarejo Center, Praia

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Kaps-Habitat, a specialist in real estate brokerage and property management in Cape Verde, is pleased to present an outstanding investment opportunity in the heart of Palmarejo, one of the most sought-after and prestigious neighborhoods in the city of Praia.

This urban plot, with a total area of 211 m², is designated for multifamily residential development, allowing the construction of a building with up to three floors. It is an excellent opportunity for property developers, investors, or private buyers looking to build a high-value residential project.

Ideally located in the center of Palmarejo, the property offers easy access to all essential amenities, including universities, schools, supermarkets, banks, restaurants, pharmacies, shopping facilities, public transport, and a wide range of services, ensuring an excellent quality of life for future residents.

Property Features:

Urban plot;
Total area: 211 m²;
Designated for multifamily residential development;
Permission to construct a building of up to 3 floors;
Excellent sun exposure;
Easy access via paved road;
All main infrastructure available (water, electricity, sewage, and telecommunications).
An Excellent Investment Opportunity

Price: €108,830 – Negotiable

Palmarejo is one of the fastest-growing and most desirable residential areas in Praia, offering strong capital appreciation and high demand for both property sales and rentals. This plot provides the ideal conditions for developing a modern residential building with excellent investment potential.

If you are looking for a well-located plot to develop a residential project in one of Praia's most prestigious neighborhoods, this is an opportunity not to be missed.

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