€18,000,000

Land for sale Faro
Property photo number 1 of 16 Photos for Property. File  104792563_2345_dd8f972b03856176a27fe394200880c7.jpeg

Overview

SUMMARY: Discover an opportunity with this Faro land for sale and available for €18,000,000. This could be your next ideal home or a smart investment. More details await.

Land of 4.54 ha in Faro, with Detailed Plan that has already been published in the Diário da República. The land will have 4 types of utilities: A) Equipment (1 unit, 5 floors) B) Tourist development (1 unit, 10 floors) C) Housing/commerce/services (14 units

with 8 floors each, 2 units with 10 floors each) D) Cost-controlled housing (3 units, 8 floors each) The total approved construction area is 108,000m2, of which 7,612m2 will be equipment, 20,348m2 for tourist development, 69,988m2 for housing/commerce/services and 10,932m2 for affordable housing. For more information, don't hesitate to contact us! This land is close to the centre of Faro, where you can find all kinds of amenities and services, such as supermarkets, cafes, pastry shops, a market and schools. It is 10 minutes by car/boat from the beach. Private health services such as Hospital Lusíadas Faro or Clínica Particular do Algarve in Gambelas are less than 10 minutes away. Easy access to the A22 (Via do Infante) and about 10 minutes from Faro International Airport. #ref:W-02S01E - W-02S01E - Engel & Völkers Faro-Tavira

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Details

  • Beds: 0
  • Baths: 0
  • Price: €18,000,000
  • Reference No.: 66309450
  • Area: 10,800 m2

Location

Marketed by:

  • Engel & Völkers Faro-Tavira
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