€1,065,000

We present a unique investment opportunity in Olhão, a vibrant and attractive city in the Algarve. This 712sq.m plot of land is located in a peaceful and pleasant residential area, just a few steps away from the Health Center and a shopping center with various shops, a gym, a pharmacy, and other services. The advantage of this plot of land is its construction feasibility for a 6-story building, including a basement with a garage and storage rooms. The land already has a project for the construction of the building. The project includes the creation of 20 spacious apartments, ranging from 2-bedroom to 4-bedroom units. A special highlight goes to the top-floor apartments, which have access to a private terrace of approximately 80sq.m each. These terraces offer breathtaking views of the city and the sea, providing a privileged space for residents to enjoy unique moments. Furthermore, the basement of the building offers storage spaces and additional parking, ensuring convenience and practicality for residents. With easy access to major highways and Faro Airport, located just 15 minutes away, this plot of land presents an excellent option for investors looking to acquire a quality property in southern Portugal. Don't miss out on this opportunity to invest in an incredible project! Contact us for more information about this development and take the opportunity to secure your space in this privileged location.