Rustic Land for Sale, Portimão, Faro (Algarve)

• 
• 
• 
• 
• 
• 
• 
• 
• 

Property details

• District
  Faro (Algarve)
• County
  Portimão
• Locality
  Portimão

• Area
  830 m²
• Plot area
  415 m²
  

• Price
  400.000 €
• Energy Rating
  Isento

• Property code
  LT-7356

Would you like to know more about this property? Request more information or schedule a tour. No obligation!

Description

We present this excellent urban plot located in the Companheira area, in Portimão, a quiet residential area with great access, ideal for investors and real estate developers.

With a land area of 415 m² and a construction capacity of approximately 830 m², this land stands out for its high development potential. The property has previously had a project for the construction of a 2-storey building with 6 apartments, and the respective project is currently expired, which represents an excellent basis for a new licensing process.

The land has a flat topography, facilitating the execution of the work and contributing to greater efficiency in construction. It also has essential infrastructures, namely water and electricity, characteristics that value the investment and speed up future interventions.

Its strategic location allows easy access to the main roads in the region, including the accesses to the motorway and the entrances and exits of the city of Portimão. It is also close to the Portimão Hospital, as well as several services and amenities, combining residential tranquillity with urban convenience.

This is a particularly interesting opportunity for those looking to develop a housing project in an area with growing demand and excellent accessibility in the Algarve.

Excellent investment opportunity! Contact us for more information.
LT-7356