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Property details

  • District
    Faro (Algarve)
  • County
    Portimão
  • Locality
    Portimão
  • Area
    644 m²
  • Plot area
    644 m²
  • Price
    900.000 €
  • Energy Rating
    Isento
  • Property code
    NU_5935

Description

TTerreno for Real Estate Development - 30 Dwellings - Vale Lagar, Portimão

Urban plot with 644 m², intended for the construction of a multifamily residential building, located in the Vale Lagar Urbanization - Phase 1, in a growing residential area with good access.

The land allows the development of a building with 7 floors above ground and 2 basements, with an implantation area of 560 m² and a gross construction area of 3,720 m², intended for housing, commerce and parking.

The project foresees 30 apartments, distributed as follows:

3 Tier 1

10 T2

14 T3

3 T4

Some of the apartments on the upper floors may benefit from sea views, namely the penthouse, adding value and exclusivity to the project.

Strategic location:

Portimão centre - about 5 minutes

Praia da Rocha - about 7 minutes

Portimão Hospital - about 5 minutes

Access to the A22 (Via do Infante) - about 8 minutes

Inserted in a planned urbanisation and close to commerce, services and green areas, this plot represents an excellent opportunity for developers and investors who want to develop a residential project in an expanding area of Portimão.

NOTE: The photos presented are renders (digitally generated images by AI) and are for illustrative purposes only.

Ref.: 5935

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