€5,500,000

Land for sale Faro
Property photo number 1 of 11 Photos for Property. File 104384775_2345_efd4a3b231f53d0ba3a16fad2389480e.jpeg

Overview

SUMMARY: Discover an opportunity with this Faro land for sale and available for €5,500,000. This could be your next ideal home or a smart investment. More details await.

An exceptional project for an international market, in the peaceful Algarve countryside. A unique opportunity to create a recreational resort, stretched across a stunning landscape of over 140 000sqm. The zoning of this land is mixed - withTourism- This offers

an option of creating a dream lifestyle resort while also having a residential component with mixed use areas for restaurants and services. The original idea and dream was a senior lifestyle resort for a global market as Algarve offers perfect weather and lifestyle, but this project is adaptable to any developer´s personal vision should you want to re-scale or simplify. The plannned luxury Apart-Hotel project would offer local and international clients a share option into the apartment section, or will offer dream holidays within an exclusive lifestyle resort, encouraging sports and recreation. The project may be adapted, obviously, within the PDM parameters, into a different concept. Approved plans on Land over 140 000 sqm: Construction area of 19 000sqm made up of: 146 units to let 83 apartments (senior and junior suites) 312 beds for hotel use Various restaurants, concert hall, conference rooms, spa/relaxation rooms, and gymnasium indoor /outdoor swimming pool water features underground garage option to create a 9-hole par 3 golf course tennis courts Algarve, Southern Portugal, needs these types of senior living destinations and also offers the best year-round weather for it. The global market is looking for this type of service in this region of Portugal. Make an appointment with us to explore and discuss this opportunity further. Energy Rating: In progress #ref:TER 891 - TER 891 - The Portugal Property Market

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Details

  • Beds: 0
  • Baths: 0
  • Price: €5,500,000
  • Reference No.: 219015
  • Area: 19,000 m2

Location

Marketed by:

  • The Portugal Property Market
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