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Algarve, Quelfes, Portugal

€5,940,000
Casas Do Sotavento, Faro
PROPERTY TYPE

Land

SIZE

98,038 sq ft

9,108 sq m

Key features

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

Description

Land with Approved Project for 132 dwellings - Olhão.

In the heart of one of the most authentic and promising cities in the Algarve, there is a truly distinct opportunity for real estate investment in Olhão. It is a plot of land with an approved project, ready to give way to a reference residential development, designed to respond to the growing demand for quality housing in a region in constant appreciation.

The project foresees the construction of a housing complex with 132 dwellings, designed for a modern lifestyle, balancing comfort, functionality and high attractiveness for the home and rental market. The architectural proposal assumes a contemporary and sophisticated language, with a careful optimisation of the areas and an excellent use of the land, reflecting a clear vision of quality, efficiency and long-term appreciation.

The sale includes the approved project, which allows for a drastic reduction in development timelines and mitigating the risks normally associated with the permitting process, offering investors a solid, secure and differentiating foundation. The location, in an area in full urban expansion, benefits from excellent access, proximity to shops, services and essential infrastructures, as well as quick connection to the city's main roads, reinforcing the potential for continuous appreciation of the apartments.

This property represents more than just a real estate project: it is a strategic opportunity to create a development of scale, identity and high return, in a resilient and growing market. A proposal designed for developers and investors who seek not only to build, but to leave a mark, with safety, vision and ambition, in one of the most desired destinations in the Algarve.

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Energy Rating: Exempt
#ref:CS-TU-94188

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

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This is a property advertisement provided and maintained by Casas Do Sotavento, Faro (reference 283622_25001386) 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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