€800,000

Land for sale Faro
Property photo number 1 of 6 Photos for Property. File 96654347_1655_c3442fbe8846675dc2d58296a1d13dd9.jpeg

Overview

SUMMARY: Discover an opportunity with this Faro land for sale and available for €800,000. This could be your next ideal home or a smart investment. More details await.

This is an exceptional plot in Santa Bárbara de Nexe, offering breathtaking panoramic views, including spectacular sea views. It represents a unique investment opportunity, as the plot has the potential to be subdivided into five separate plots. The subdivision

process is already underway with the Town Hall and is pending approval, which would allow the construction of five beautiful villas, each with sea views and a south-facing orientation. At present, the project is being sold as a single plot, but once approved, the plots can be sold individually, offering excellent flexibility for investors. No pre-approved building permits have been submitted, giving buyers full freedom to design their dream properties. The plot benefits from easy access and a prime location, just a five-minute walk from Algarves largest shopping center, Mar Shopping, and a short drive from Loulé city center. Faro Airport is only 15 minutes away, making it an ideal location for both investment and lifestyle. This property represents a rare opportunity to create a bespoke development in a highly sought-after area of the Algarve, combining spectacular views, convenient access, and strong investment potential.

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Details

  • Beds: 0
  • Baths: 0
  • Price: €800,000
  • Reference No.: OH2997

Amenities

  • Home: Energy Certificate: free

Location

Marketed by:

  • OliveHomes.com
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  • +351 289103471
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