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Plot for sale

Algarve, Quelfes, Portugal

€1,065,000
Casas Do Sotavento, Faro
PROPERTY TYPE

Plot

SIZE

26,232 sq ft

2,437 sq m

Key features

  • Near city center
  • Near shopping center
  • Near green areas
  • Bedrooms: 0
  • Near school
  • Near public transportation

Description

Approved Project - High Profit Potential - Strategic Location

712 m² plot located in a modern and quiet residential area in Olhão, one of the fastest-growing and most in-demand areas of the Algarve.

Approved project for a 6-storey building
Licenses ready for payment - construction can start immediately
20 apartments (T2, T3 and T4) with generous areas
Top floor with private terraces of approx. 80 m²
Basement with garage and storage rooms
4 commercial shops on the ground floor - guaranteed extra income

This project was designed to maximize returns, combining modern residential units with commercial space, perfectly matching the strong housing and tourism demand in the region.

Location is one of its greatest strengths:
- Highly valued urban area
- Excellent accessibility
- Close to services, shops and beaches
- Only 15 minutes from Faro Airport

Ideal for developers and investors looking for a ready-to-build project with low risk and high appreciation and profitability potential.

A safe investment in one of the most attractive cities in the Algarve.

Opportunities like this are rare.
Secure this plot now and start a successful project.
Energy Rating: Exempt
#ref:CS-LOTP-94166

Algarve, Quelfes, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Casas Do Sotavento, Faro

The Casas do Sotavento real estate company was founded in 2000 with the aim of being the leading real estate agency in the eastern Algarve. We stand out for our commitment to technological development, being present in around 220 national and foreign portals and personal pages. We provide a personalized accompaniment, we create solutions tailored to each client. We manage more than 2,000 properties from individuals, companies, banking and partnerships. All of our professionals guarantee strict management of mediation contracts and purchase and sale processes. Finally, we provide consultancy to all our clients, we also use modern and computerized means for business management.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Casas Do Sotavento, Faro (reference 283622_24917495) 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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