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Algarve, Faro, Portugal

€2,150,000
Portugal Sotheby's International Realty, Vilamoura
PROPERTY TYPE

Plot

SIZE

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Description

Land located in Faro, in an area that is rapidly expanding with great potential for appreciation, ideal for residential construction. The land has a total area of 7120m², allowing for 3600m² of construction area, offering an excellent opportunity for the development of residential projects, taking advantage of the continuous growth of the region. This land is part of the Vale da Amoreira Urbanization Plan (PUVA), which will continue to include the Penha and Vale da Amoreira areas, about one kilometer from the city center of Faro. With a total area of 21 hectares and a potential construction area of 168,000 square meters (m²), the PUVA is divided into several lots that will allow for multiple uses, from housing, commerce, and offices to solutions for student residences, healthcare, and senior housing. With a strategic location, close to various services and amenities, this is an unbeatable option for investors and builders looking for a promising space with significant development potential.

Algarve, Faro, Portugal

Approximate location

NEAREST AIRPORTS

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

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About Portugal Sotheby's International Realty, Vilamoura

Avenida da Marina, Edifício Vila Lusa, loja 5 e 6, lote 2 8125-401 Vilamoura

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Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Vilamoura (reference 105250022) 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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