Algarve, Faro, Portugal
- PROPERTY TYPE
Land
- SIZE
102,903 sq ft
9,560 sq m
Description
An excellent investment opportunity is presented in the prestigious parish of Santa Bárbara de Nexe, an area well known for its tranquillity, high quality of life and strong, ongoing property appreciation.
This 9,560 m² plot, completely flat, stands out for its ideal configuration for real estate development, allowing for efficient project execution and optimized construction costs. Of the total area, 3,000 m² are classified as dispersed building area, which, in accordance with the current PDM regulations, allows for the construction of up to two detached villas, each with a maximum build area of 300 m², making this property particularly attractive to investors and developers.
The land benefits from direct access via a paved road and has essential infrastructure available nearby, including water supply, sewage system and electricity, significantly facilitating and accelerating the development process.
Set within a quiet area surrounded by nature and privacy, the plot is simultaneously located just a short distance from the centre of Santa Bárbara de Nexe, offering easy access to local amenities, services, schools and main road connections. A combination increasingly sought after in the residential property market.
Thanks to its strategic location, clear urban planning framework and strong potential for capital appreciation and profitability, this land represents a solid opportunity both for the development of high-standard private residences and for a secure investment project.
A rare opportunity in one of the most sought-after areas of the municipality.
#ref: 799177
Algarve, Faro, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)2.0 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 799177) 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.



