€5,940,000

Land for sale Olhão
Property photo number 1 of 19 Photos for Property. File 98705256_952_c5ea6609889ced6e43edd7e1fa647568.jpeg

Overview

SUMMARY: Discover an opportunity with this Olhão land for sale and available for €5,940,000. This could be your next ideal home or a smart investment. More details await.

We present an excellent investment opportunity: an urban plot of 9,108 sqm located in Olhão, with easy access to public transport, shops, and services. The land has an approved project for the construction of 150 apartments, distributed across 10 blocks of

5 floors each, including 146 2-bedroom apartments and 4 4-bedroom apartments. The infrastructure also includes 206 parking spaces and a shared swimming pool. The 2-bedroom apartments consist of an open-plan living and kitchen area, a pantry, one suite with a walk-in closet, an additional bedroom, and a bathroom. The 4-bedroom apartments feature an open-plan living area, a pantry, three suites with walk-in closets, an additional suite, and a bathroom. All apartments include balconies. On the rooftops, there are solar and photovoltaic panels, ensuring energy efficiency and sustainability. This project has great potential and is ideal for developers and builders seeking profitability and a strategic location.

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Details

  • Beds: 0
  • Baths: 0
  • Price: €5,940,000
  • Reference No.: 1108
  • Area: 2,536 m2
  • Year Built: 1965

Location

Marketed by:

  • Live in Holidays
  • 12 A Church Square, Old Village
  • Faro, Vilamoura
  • 911010920
See all properties from this agent
  • 00351 289 149 078
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