Property details
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District
Faro (Algarve) -
County
Olhão -
Locality
Quelfes
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Area
2437 m² -
Plot area
712 m²
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Price
1.065.000 € -
Energy Rating
Isento
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Property code
CS-LOTP-94166
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Description
Approved Project | High Profit Potential | Strategic Location
712 m² plot located in a modern and quiet residential area in Olhão, one of the fastest-growing and most in-demand areas of the Algarve.
Approved project for a 6-storey building
Licenses ready for payment - construction can start immediately
20 apartments (T2, T3 and T4) with generous areas
Top floor with private terraces of approx. 80 m²
Basement with garage and storage rooms
4 commercial shops on the ground floor - guaranteed extra income
This project was designed to maximize returns, combining modern residential units with commercial space, perfectly matching the strong housing and tourism demand in the region.
Location is one of its greatest strengths:
- Highly valued urban area
- Excellent accessibility
- Close to services, shops and beaches
- Only 15 minutes from Faro Airport
Ideal for developers and investors looking for a ready-to-build project with low risk and high appreciation and profitability potential.
A safe investment in one of the most attractive cities in the Algarve.
Opportunities like this are rare.
Secure this plot now and start a successful project.
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