Loulé (Algarve), Faro (Algarve) 8125-608, Portugal

MLS#: C0205-06086

$5,328,386 USD

€4,900,000 EUR

Minimum sellable space
4,977m²
The details

Property features

Date Updated: Oct 14, 2024

Area

Land/Lot size
4,977m²

Description

Land for building with apartments and townhouses, in Quarteira, 1 kilometre from the beach. Total land area: 21,928 m2Total construction area: 4,977 m2With two distinct urban areas: 1) Building area for villas: 1,190 m² Possibility of building 8 townhouses with an average area of 150m2 per unit (2 floors + basement);2) Construction area for apartments: 3787.71 m² Possibility of building 3 flat blocks for residential and hotel use. A total of 38 flats with an average area of 100m2 per unit; The simple PIP is submitted to Loulé City CouncilSituated between Vilamoura and Quinta do Lago, with easy access to the main roads, this property offers an opportunity for investors wishing to develop a highly profitable construction project.

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Location

Loulé (Algarve), Faro (Algarve) 8125-608, Portugal
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