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Algarve, Tavira (Santa Maria e Santiago), Portugal

€2,800,000
Portugal Sotheby's International Realty, Vilamoura
PROPERTY TYPE

Plot

SIZE

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Description

Plot comprising two lots with a total area of 15,545 square meters, located just five minutes from the beaches of Tavira and three minutes from Benamor Golf course. Currently, these two lots contain one with an approved PIP by the Municipality of Tavira, for the construction of a gated community and six detached houses with private pools just minutes from the beach. The first lot with a total area of 3,400 square meters is approved for the construction of two buildings with 50 apartments of different types, with underground parking and a communal pool. The second, larger lot with a total area of 12,145 square meters, is approved for the construction of 18 houses, six detached houses with private pools. In both lots, the total construction area was not requested for the approval of the currently approved PIP, with a building index of 1.2% of construction on both lots' total area. These lots represent an excellent investment opportunity, with great potential for profitability in a developing location.

Algarve, Tavira (Santa Maria e Santiago), Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    19.9 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 105240093) 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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