€1,685,000

A large plot of land with an old factory for renovation, in Almargens, São Brás de Alportel in the Algarve. The property has unique characteristics, consisting of four ruined buildings, formerly part of a factory. It offers great potential for rehabilitation or for the development of a new project, adaptable to different types of use, from industrial to residential. Strategically located between a residential area and an industrial area, the property is fully walled and fenced. Just 1 km away, the center of São Brás de Alportel offers all the essential services and commerce, facilitating both the management of operations and daily life in the case of a housing project. The proximity to the city of Faro (18 km) and the Algarve International Airport reinforces the strategic value of the location, placing this property at the heart of a region that is increasingly sought after by investors and residents. CHARACTERISTICS: Plot Area: 7 777 m2 83 707 sq ft Useful area: 7 777 m2 83 711 sq ft Deployment Area: 3 629 m2 39 066 sq ft Bedrooms: 1 Energy efficiency: NA Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063 Energy Rating: Exempt #ref:1LS02253 - 1LS02253 - Luximo's (Mediapredium)