€1,295,000

Land for sale Faro
Property photo number 1 of 16 Photos for Property. File 104385565_2345_cd5bd82f52924fc274fb708336e471b0.jpeg

Overview

SUMMARY: Discover an opportunity with this Faro land for sale and available for €1,295,000. This could be your next ideal home or a smart investment. More details await.

Urban land for construction of a private condominium with 14 Villas with basement, ground floor, 1st floor and swimming pool. The subdivision has been completed and the infrastructure project has been completed for 14 houses with 3 bedrooms and a swimming pool.

There are 2 houses that have larger areas than the rest and are isolated. Total land area: 6,000m². Useful construction area is 2200 mts2, with terraces, balconies and basements not included in this area. The land is located in a quiet urbanization just minutes from the airport, university, hypermarkets and the city center of Faro. Excellent investment opportunity. Translate Urban Land for construction of a private condominium with 14 Villas with basement, ground floor, 1st floor and swimming pool. The subdivision has been completed and the infrastructure project has been completed for 14 villas with 3 bedrooms and a swimming pool. There are 2 houses that have larger areas than the rest and are isolated. Total land area: 6,000m². Useful construction area is 2200 mts2, with terraces, balconies and basements not included in this area. The land is located in a quiet urbanization just minutes from the airport, university, hypermarkets and the city center of Faro. Excellent investment opportunity. Plot of land with licensing and approved infrastructure to build 15 houses with swimming pool in Faro. The land in question, located in Gambelas, has a License Request for Allotment Operation underway at the CMF which aims to divide it into 3 lots for housing, 2 of them for individual homes and the other for collective housing (allowing the construction of a maximum of 12 units). In total, adding the 3 lots, the total number of dwellings permitted will be 14 dwellings. Regarding the subdivision, the following opinions have been received to date from the involved entities: Opinion from the CMF with approval of the subdivision project, which indicates all permitted parameters, as well as the compensation rate and the municipal urbanization tax to be applied (see in annex) - 19Oct2024 Authorization for the use of water resources, issued by APA - 30Mar2024 Favorable opinion from APA received on 14Jun2024 Opinion from E-REDES with approval of the public electrical infrastructure project - 21Dec2023 Opinion from Fagar requesting only that the maneuvers be explained of the garbage truck to access the containers - received on 14Jun2024 Opinion from the CMF informing of the call for the license procedure for prior communication. CHARACTERISTICS #ref:L381 - L381 - Villas Key - Mediação Imobiliária, Lda

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Details

  • Beds: 0
  • Baths: 0
  • Price: €1,295,000
  • Reference No.: 184116

Location

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  • Villas Key - Mediação Imobiliária, Lda
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