Algarve, Alvor, Portugal
- PROPERTY TYPE
Land
- SIZE
2,153 sq ft
200 sq m
Description
This 200 m² urban plot is located on Rua das Tílias, Urbanização das Sesmarias, Alvor, in a well-established residential area with good access and excellent potential for appreciation.
According to the subdivision permit, the land allows for:
• Implantation area: 200 m²
• Total gross construction area: 1,200 m²
• Maximum number of floors: 6 + basement for parking,
• Total number of dwellings: 12 two-bedroom apartments (possibility of changing types)
The planned layout includes two 2-bedroom apartments per floor, with the following areas:
• Left 2-bedroom: gross area 92.53 m² | usable area 77.78 m² | two fronts with balconies facing east and west
• Right 2-bedroom: gross area 84.26 m² | usable area 70.83 m² | east/south facing, with east-facing balcony
Location
Located in a quiet residential area with good urban surroundings, this plot benefits from excellent sun exposure and proximity to the centre of Alvor, beaches, local shops and essential services.
The Sesmarias Urbanisation is one of the most sought-after areas in Alvor for investment in permanent or tourist housing, due to its strategic location between Portimão, Alvor and the EN125.
Investment opportunity
With the potential for the development of a 6-storey residential building with 12 flats, this plot is an excellent option for developers or investors looking for a project close to the coast and with high demand for housing and tourism in the Alvor region.
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#ref: 745394
Algarve, Alvor, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)35.3 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 745394) 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.