€1,960,000

Land for sale Portimão
Property photo number 1 of 10 Photos for Property. File 104373506_2345_f437083f8213860cd22fbdbd16612e3a.jpeg

Overview

SUMMARY: Discover an opportunity with this Portimão land for sale and available for €1,960,000. This could be your next ideal home or a smart investment. More details await.

RESIDENTIAL DEVELOPMENT LAND The plot does not have an approved project. The subdivision foresees the feasibility of a project for 28 apartments (1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom units). We present an excellent investment opportunity for property

development: a plot with feasibility for the construction of a multi-family residential building with swimming pool. The total number of apartments may vary depending on the typologies and areas defined in the final project. General Project Features Plot area: 750 sqm Total construction area: 2,443 sqm Number of floors: 7 floors above ground Basement and sub-basement designated for parking Estimated total number of units: up to 28 apartments Parking: 30 spaces Typology Distribution (Preliminary Study) The building may include different configurations per floor, depending on commercial strategy and market positioning: Option 1 4 two-bedroom apartments per floor Option 2 1 one-bedroom apartment 2 two-bedroom apartments 1 three-bedroom apartment Option 3 2 one-bedroom apartments 2 three-bedroom apartments Option 4 2 four-bedroom apartments The configuration can be adjusted according to market study and intended profitability. Parking The project provides for 30 parking spaces, distributed between basement and sub-basement levels, ensuring comfort, functionality, and added value to the development an increasingly decisive factor in an urban context. Investment Opportunity This plot offers ideal conditions for the development of a modern multi-family building with high profitability potential, both for sale and rental. The combination of an optimized number of units, high-demand typologies, private parking, and configuration flexibility positions this project as a solid and strategic solution for developers and investors. #ref:L475 - L475 - Villas Key - Mediação Imobiliária, Lda

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Details

  • Beds: 0
  • Baths: 0
  • Price: €1,960,000
  • Reference No.: 164208210
  • Area: 2,440 m2

Location

Marketed by:

  • Villas Key - Mediação Imobiliária, Lda
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