€3,500,000

Faro Algarve

Overview

SUMMARY: Discover an opportunity with this Faro land for sale and available for €3,500,000. This could be your next ideal home or a smart investment. More details await.

The land development in Vale da Amoreira, located in Lejana, Faro, covers an area of 1.3 hectares and consists

of 18 lots primarily for residential use, with the possibility of commercial use on some of them. The total allowable built area is 24,115 m², with 23,700 m² designated for residential use and the remaining space allocated for commercial purposes, spread over two phases. Phase 1 of the development consists of 13 lots, totaling 3,861 m², and allows
for the construction of 193 housing units, including commercial spaces. Phase 2, in its current version, envisions the creation of 5 new lots (numbered 26 to 30), with various uses such as residential, commercial, services, and even a tourism development. Lot 29, for instance, is composed of two buildings (L29a and L29b), which will have access from two adjacent roads: Avenida Mário Lyster Franco and Rua António Neves Anacleto. With its privileged location, the development is just 7 km from Faro Airport, making it an excellent investment opportunity for both residential and commercial or tourism projects. The building permit has been approved, and the project is under a 50% / 50% sharing agreement with all real estate agencies and professionals in the sector. Don't miss this unique opportunity to make a great investment. Schedule your visit now and discover the potential of this land in the heart of the Algarve!

Request details

Details

  • Beds: 0
  • Baths: 0
  • Price: €3,500,000
  • Internal Reference No.: BLZ-123044

Amenities

  • Home: Energy Certificate: free

Location

Marketed by:

  • Blazing Star Advisors
See all properties from this agent
  • +351 935259111
Request details

Frequently Viewed

Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 9 times.

Search more listings