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Portugal

£15,989,550
€18,500,000
eXp Realty, Portugal
PROPERTY TYPE

Plot

SIZE

1,162,501 sq ft

108,000 sq m

Description

Located in the heart of the Algarve, this 41.940 sqm property is a true gem in the center of the region's capital, Faro. With an approved Detailed Plan to construct a New Development consisting of 22 plots, this property offers a unique opportunity for investors.Just a few meters away from Faro's Hospital, in the prestigious Lejana de Cima area, this property boasts a privileged location with stunning views of Ria Formosa, the Atlantic Ocean, the countryside, and the city. With over 108,000 sqm of vertical construction space, this development can cater to various needs in Faro, from Residential to Commercial, Services and Tourism areas.This exclusive property, with its approved Detailed Plan published in the Official Gazette, provides a unique opportunity to build homes within walking distance of Faro Hospital and all amenities.For more information about this property and to take advantage of this incredible investment opportunity, please contact us. Our team is available to answer all your questions and provide any additional details you may need. Don't miss out on this unique opportunity to build a remarkable development in a prime location in the heart of Faro, the capital of the Algarve.We look forward to hearing from you.

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About eXp Realty, Portugal

eXp Europe is redefining estate agency by offering a smarter, more connected way to buy and sell property. Operating across multiple countries—including the United Kingdom, France, Germany, Italy, Spain, Portugal, Greece, Poland, and more—we provide seamless access to international property markets.

With a network of experienced agents working collaboratively across borders, we make it easier than ever for buyers and sellers to navigate property transactions, whether moving locally or relocating internationally. Our cloud-based model ensures that clients receive expert guidance, real-time market insights, and personalized service—without the limitations of traditional offices.

At eXp Europe, we combine cutting-edge technology with local expertise to deliver a more efficient, transparent, and stress-free experience for our clients. Whether you're buying your dream home, selling a property, or investing in new opportunities, our agents are here to help—wherever you are.

Notes

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This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 85506940) 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.

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