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Algarve, Lagoa, Portugal

€379,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

12,163 sq ft

1,130 sq m

Description

Excellent Investment Opportunity in Estômbar

We present this outstanding urban plot of land with a total area of 1,130 m², ideally located in a strategic and highly sought-after area of Estômbar.

The plot allows for a construction area of up to 825 m² with a building footprint of 306 m², offering significant potential for real estate development.

A previous project had been submitted and approved, which included:

3 three-bedroom apartments (T3)
2 two-bedroom apartments (T2)
1 commercial unit (shop)
Garage and basement parking

The planned building comprised a basement (garage), ground floor, and two upper floors.

A new project will need to be submitted, giving investors the flexibility to tailor the development to current market demands.

Ideally located, this plot offers excellent accessibility and strong potential for high returns — perfect for investors seeking a profitable and well-positioned project.

Don’t miss this unique opportunity.
For more information, please get in touch.
#ref: 882531

Algarve, Lagoa, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 882531) 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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