€480,000

Land with 1,307 m² and high potential in Moncarapacho - Olhão

We present an excellent investment opportunity in Moncarapacho, municipality of Olhão, in a quiet residential area, with a privileged location and with all the necessary

This land has a total area of 1,307 m², is completely flat and has water, electricity and sanitation infrastructures next to the site.

The property consists of two distinct articles:

Urban area: 307 m²
Rustic article: 1,000 m²
Total area: 1,307 m²

Potential for housing project:

The land is inserted in the urban fabric of the PDM of Olhão, presenting characteristics that may provide an interesting real estate development project.

Previously there was already a positive opinion for the construction of a small building in horizontal property, consisting of 9 fractions, making this property particularly interesting for investors and developers looking for a development opportunity in an area with housing demand.

Important note: The property will be sold as is. Any information regarding the possibilities of expansion, construction, reconstruction or alteration of the existing one, must be confirmed by the future buyer with the Municipality of Olhão, and it is his sole responsibility to request the information, licenses, opinions and urban feasibility necessary for the future project.

Living and investing in Moncarapacho:

Moncarapacho is one of the most characteristic towns in the municipality of Olhão, where the tranquillity and traditional Algarve atmosphere are combined with a very convenient location.

The village offers shops, restaurants, services and the main amenities for daily life, and is also close to some of the most sought after bathing areas in the Eastern Algarve.

Fuseta Beach is just a few minutes away, allowing you to easily enjoy the Ria Formosa, its beaches and the islands. The proximity to access the A22 also makes it easier to travel to Faro, Tavira and other locations in the Algarve.

The combination of location, area, existing infrastructure and development potential makes this land an opportunity to consider for both real estate investment and a housing project.

Main features:

- Total area of 1,307 m²
- Completely flat terrain
- Urban item with 307 m²
- Rustic article with 1,000 m²
- Water, electricity, and sanitation on-site
- Inserted in the urban fabric of the PDM of Olhão
- Quiet residential area
- About 5 minutes from Fuseta Beach
- Good access to the A22
- Close to commerce and services
- Excellent potential for investment

An opportunity with very interesting characteristics for those looking for a plot of land with development potential in one of the most sought-after areas of the municipality of Olhão.
Energy Rating: Exempt
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