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