€350,000

Land with the Possibility of Building 5 Apartments and Shop in Estômbar and Parchal, Lagoa Excellent real estate investment opportunity in Estômbar and Parchal, in the municipality of Lagoa, with the possibility of developing a residential and commercial building. According to the planned configuration of the land, there is potential for the construction of a building consisting of 5 apartments and 1 shop, offering an interesting solution for investors, builders or real estate developers looking to develop a project in this area. The housing component may include 3 T3 apartments and 2 T2 apartments, providing different typologies and allowing to respond to various demand profiles, both for sale and for rent. The building may also integrate 1 commercial space, adding versatility to the investment and creating an additional component of use and eventual profitability. The possibility of combining housing and commerce makes this land especially interesting for those who want to develop a mixed-use real estate project. Located in the Union of Parishes of Estômbar and Parchal, in the municipality of Lagoa, the land benefits from the proximity to commerce, services, schools, restaurants and main road accesses, allowing a convenient connection to Lagoa, Portimão and other areas of the Algarve. Due to its characteristics and location, this property has potential for the development of a project aimed at the residential and commercial market, subject to the necessary approvals and licensing by the competent authorities. Main features: - Building land - Location in Estômbar and Parchal, Lagoa - Possibility of residential and commercial building development - Potential for 5 apartments - 3 T3 apartments - 2 T2 apartments - Possibility of 1 store / commercial space - Potential for sale or lease of future fractions - Proximity to commerce, services and access - Good connection to Lagoa and Portimão - Suitable for investors, builders and real estate developers An opportunity for those looking for a plot of land with potential for construction and real estate development in a location with good access and proximity to different services. For more information about the terrain, construction possibility or to schedule a site visit, please contact us. REF:LT001