€1,185,000

Excellent investment opportunity in Armação de Pêra, in an area of strong residential and tourist expansion! Privileged Location - Quinta dos Arcos, Lot 8, Armação de Pêra (https://maps.app.goo.gl/3H8VgkARuQZEcBG59) - Only 650 meters from the beach - Close to supermarkets, schools, shops and services - Good access to the EN125 and A22 Terrain Features - Total land area: 929 m² - Implementation area: 457.5 m² - Gross construction area: 2,745 m² Viable Project (second subdivision permit) - Construction of 29 apartments: 8 T1 and 21 T2 - 6 floors in total and 1 basement floor (for parking) - 27 parking spaces in the basement Highlights - Strategic location in one of the most valued areas of Armação de Pêra - Strong potential for permanent housing or the tourist rental market - Excellent sun exposure - Consolidated and modern urbanization Ideal for property developers and investors looking to develop a solid project with high profitability in the Algarve. For more information or to schedule a meeting/site visit, contact us: 351 962 808 558 or 351 968 512 446 (call to national mobile network)