Algarve, Faro, Portugal
- PROPERTY TYPE
Land
- SIZE
86,542 sq ft
8,040 sq m
Description
Land with Project in Final Approval Stage near Faro Airport – Investment with Unique Potential
Investment opportunity on a strategically located plot of land near Faro International Airport, with an approved project for the construction of a commercial area and 12 single-family homes.
The property also includes an existing 195 m2 three-bedroom house and 550 m2 of habitable land, which can be integrated into the project or used as support during construction.
Strategically located, with good access and strong appreciation potential, in a growing area with high housing and commercial demand.
8,040 m2 plot of land, with a project in the final approval stage.
The subdivision provides for the construction of two areas:
- 1,500 m2 commercial area
- Residential area for 12 four-bedroom houses
The land is sold as is.
An excellent investment opportunity in an area where there are no more available lots, especially for commercial use.
About the location:
Faro - Montenegro – Quality of life in the heart of the Algarve
Faro, the capital of the Algarve, combines tradition, culture, and modernity, offering an excellent quality of life by the sea and the Ria Formosa. In the tranquil and prestigious area of Montenegro, you'll find a calm residential environment with schools, shops, services, and easy access to the city center, airport, and beaches.
It's a growing area, ideal for living or investing, where the balance between nature and urban amenities is felt every day.
#ref: 62223
Algarve, Faro, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)2.0 miles
Advice on buying Portuguese property
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 62223) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.