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Algarve, Faro, Portugal

€970,000
MVillas, Loule
PROPERTY TYPE

Land

SIZE

12,594 sq ft

1,170 sq m

Key features

  • Bedrooms: 0

Description

Urban plot with lots for the construction of apartment buildings - Faro
This is an exceptional investment opportunity in the real estate sector, consisting of 8 urban lots available for individual sale, located in a developing urban area with high potential for appreciation. These plots are intended for the construction of multi-family buildings, up to 5 floors and a number of dwellings between 10 and 45 per plot, allowing for the creation of modern residential projects that are highly attractive in the housing market.
Plot characteristics:
Gross construction areas from 1,170 m² to 5,197.50 m².
Number of Units per Lot from 10 to 45 apartments.
Value per Lot from €970,000 to €4,500,000.
Building Type: 5-story multi-family residential buildings, ideal for developing 1- to 3-bedroom apartments with balconies, parking spaces, and common areas.
Advantages for Investors or Developers:
Flexibility of acquisition: Lots can be purchased individually, adjusting to different investment profiles and development strategies.
Growing market: Location in an expanding urban area, with high demand for new housing, both for sale and for rent
Infrastructure and accessibility: Area well served by road access, public transport, local shops, services, and schools.
We would love for you to come and visit.
Energy Rating: Exempt
#ref:3226M

Algarve, Faro, Portugal

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NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    3.0 miles

Advice on buying Portuguese property

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

About MVillas, Loule

Rua da Aldeia Caixa Postal 236Z - Vale Judeu, Loule, Faro, 8100-333, PORTUGAL

MVillas is a real estate company, formed by a team with extensive experience in the Algarve market.

MVillas is located in Loulé in the Algarve, one of the favorite areas both nationally and internationally, where you can also find some of the main attractions such as beaches, resorts and golf courses in Europe.

From the first meeting, we provide our customers with a complete and personalized service, which includes advising on the acquisition of the property, construction, design, maintenance of your future property and everything else you may need with honesty and experience.

We maintain an after-sales service supported by a professional attitude, which guarantees our customers the certainty that we will accompany them - always.

Our real estate consultants speak Portuguese, English and French.

MVillas: Experience, rigor and honesty at your service.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by MVillas, Loule (reference 284150_23767810) 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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