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Plot of land for condominium construction.
Faro, Loulé
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Plot of land for condominium construction. - Faro, Loulé
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Plot of land for condominium construction.
700 000 €
Ref:
AP077/2022/T
245 m²
288 m²
181 m²
3622 m²
Exclusive Investment Opportunity | Olhos de Água, Algarve.
A few minutes from the emblematic Praia dos Olhos de Água, in one of the most valued and sought-after areas of the Algarve, is this property with an extraordinary potential for real estate development.
Consisting of a house in need of renovation, located on a large plot of land, this is a rare opportunity for investors and developers looking to develop a differentiating project in a location of excellence.
Development Potential
Possibility of construction up to
450 m²
, plus basement;
With the highlight of the land, there is the possibility of building
another 450 m²
, significantly increasing the building capacity;
Feasibility for the construction of
three semi-detached houses on each lot
;
Excellent opportunity for the creation
of a luxury private condominium
, offering exclusivity, comfort and high asset appreciation.
The property also features:
All infrastructures;
Water hole;
Excellent access;
Privileged location, close to beaches, golf courses, restaurants, shops, services and the main thoroughfares.
The growing demand for exclusive developments in this area makes this property a high potential investment opportunity, ideal for developing a luxury condominium or a set of premium villas, aimed at an increasingly demanding national and international market.
Invest in an excellent location and transform this land into a reference real estate project in the Algarve.
Contact us for more information or to schedule a private tour.
Property Type
Stand
Typology
0 Bedrooms
Objective
Sell
Condition
To be recovered
Price
700 000 €
Year of Construction
N/A
Country
Portugal
District
Faro
County
Loulé
Parish
Boliqueime
Zone
N/A
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