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Algarve, Quarteira, Portugal

€5,980,000
Live'n Holidays, Vilamoura
PROPERTY TYPE

Land

SIZE

16,146 sq ft

1,500 sq m

Key features

  • Total area: 1500 sqm
  • House area: 185 sqm
  • Construction year: 1966

Description

Excellent investment opportunity in one of the most sought-after areas of the Algarve. This 1,500 sqm plot with existing ruin is located in Quarteira, just 260 metres from the beach, in a prime location with strong appreciation potential. The property has an approved project for the construction of a modern building composed of two blocks, comprising 46 apartments of T1, T2 and T3 typologies, with a total construction area of 5,006.75 sqm dedicated to residential units. The project also includes 74 private underground parking spaces, 8 outdoor parking spaces, a condominium room, and 33 storage units. The building extends from level -2 to level 6, with Block 1 comprising 25 apartments and Block 2 comprising 21 apartments, ensuring a balanced and efficient layout. Within walking distance to the sea and close to all essential services, this project represents a unique investment opportunity in the heart of Quarteira, an area of high tourist and residential demand.
REF: 1118

Algarve, Quarteira, Portugal

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NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Live'n Holidays, Vilamoura

12 A Church Square Old Village 8125 - 429 Vilamoura Portugal

The Live N’ Holidays Company offers comfort and well-being in spaces with character, from apartments to private villas.

A company focused on detail and personalization in welcoming each guest, so you can enjoy every moment.

Our accommodation units are in different area of Vilamoura (Old Village, Old Village Prestige Solar Golf, Vilamoura Marina) and Quarteira.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Live'n Holidays, Vilamoura (reference 59172_1118) 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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