Property details
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District
Faro (Algarve) -
County
Vila do Bispo -
Locality
Budens
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Area
0 m² -
Plot area
7640 m²
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Price
1.500.000 € -
Energy Rating
ND
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Property code
CKA108
Description
An excellent investment opportunity is presented in Vila do Bispo, in the heart of the Algarve, with this 7,640 m˛ plot of land that has a subdivision project approved by the City Council.
The subdivision consists of 17 residential lots, with varied areas as indicated in the summary table. Each plot allows the construction of 3 bedroom single-family houses (3 bedrooms), with construction areas between 170 m˛ and 200 m˛, spread over a maximum of two floors.
The basements are not counted for the purposes of construction area or number of floors, in full compliance with the RMUE of Vila do Bispo and Regulatory Decree No. 5/2019, of 27 September, offering greater flexibility for development.
This project represents a solid proposal for developers and investors looking for a housing development in an area of high demand, close to the beaches of the Costa Vicentina and surrounded by preserved nature and Algarve authenticity.
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