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Other for sale in Faro (Se e Sao Pedro), Portugal

3 500 000€

Faro (Sé e São Pedro)

Features

  • 1.83 hectares of land (4.53 acres)
  • N/C

Property description

Located in the beautiful Valley of Amoreira - Lejana in Faro, this 1.3Ha allotment offers a unique opportunity for development. The property consists of 18 housing lots, with the potential for commercial use in some of them, totaling 14 commercial spaces. Phase 1 of the allotment includes 13 lots spanning an area of 3,861m2, with a maximum gross construction area of 24,115m2. This phase offers a mix of residential and commercial spaces, providing ample opportunities for development. Phase 2, currently in the planning stages, includes the creation of 5 lots for various uses such as student residence, housing, trade, services, and tourist accommodations. The strategic location of Lot 29, with access from multiple streets, adds to the versatility and appeal of this allotment. With Faro Airport just 7km away, this property is conveniently located and offers great potential for investment. Don't miss out on this opportunity to make your real estate dreams a reality. As an experienced real estate agent, I believe that the asking price of 3,500,000 for this property is fair considering its size, location, and development potential. The versatility of the allotment, with both residential and commercial opportunities, makes it a valuable investment for anyone looking to expand their real estate portfolio. Contact me to schedule a visit and explore the possibilities that this property has to offer.

Location

Faro (Sé e São Pedro)

Date added: 27.08.2024

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