Urban Land for Sale, Olhão, Faro (Algarve), in Portugal

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Property details

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

• Area
  790 m²
• Plot area
  395 m²
  

• Price
  527.000 €
• Energy Rating
  Isento

• Property code
  CS-LOTP-93851

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Description

Plot for construction of a 3-storey building in the heart of downtown Olhão, just a few metres from the marina and the piers for boarding to the islands. A prime location, surrounded by traditional shops, restaurants and authentic Algarve life, with great potential for appreciation!

Project Features:

9 modern apartments with areas ranging from 76m² to 143m².

Various types: 1 1-bedroom, 4 2-bedroom and 4 3-bedroom apartments - perfect for families, couples and investors.

9 garages in boxes, ensuring comfort and practicality for future residents.

ARU Zone (Urban Rehabilitation Area): tax benefits and incentives for rehabilitation, making this an even more attractive project.

Strategic Location:

A few minutes from the Olhão marina and with easy access to the piers for boarding to the islands.

Surrounded by local shops, traditional restaurants and with all amenities within reach.

Growing area, ideal for both tourist rentals and permanent residences.

Why invest?

Olhão is increasingly sought after by tourists and residents, with a booming real estate market.

Potential for appreciation in the medium/long term, especially with the increase in tourism and the revitalization of the area.

The project is ready to move forward, with an approved architectural design and tax benefits from the ARU.

Contact us for more information!