Definition, Meaning & Synonyms
loteamento
Noun
lo-te-a-men-to
Definition
The term ‘loteamento’ refers to the process of subdividing land into lots or parcels for sale or development.
Examples
- The loteamento of the area has led to numerous new homes being built.
- Investors are interested in the loteamento of land for future commercial developments.
- The city approved the loteamento plan for the new neighborhood.
Meaning
In real estate and urban planning, ‘loteamento’ denotes a method of organizing land into individual sections that can be sold off or developed separately, often facilitating residential or commercial projects.
Synonyms
- Subdivision
- Parceling
- Lot division