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Plot for sale

Faro City, Algarve, Portugal

£1,871,681 *  [€2,150,000]

Plot for sale

Faro City, Algarve, Portugal

£1,871,681 *  [€2,150,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 7120 m2
  • Habitable space: 3600 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


A rare opportunity is presented for investors and developers looking to position themselves in one of Faro's fastest-growing and most dynamic areas.
Plot of land with a total area of 7,120 m² and 3,600 m² of gross construction area, offering scale and feasibility for a highly profitable real estate project.
Clear and favorable planning parameters:
Possibility to build up to 4 floors above ground;
Located within an urban area undergoing strong expansion;
Included in the Vale da Amoreira Urbanization Plan, ensuring legal security, urban planning consistency, and sustained value appreciation.
The location, combined with the city's continuous growth, guarantees strong housing demand, both for owner-occupiers and investors, enabling rapid market absorption and excellent appreciation margins.
This asset brings together the three essential pillars of a solid investment:
Strategic location;
Construction capacity;
Clearly defined urban planning framework.
An opportunity ready to turn capital into value.
Energy Rating: Exempt
#ref: GAP-10226
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This property listing (ref: GAP-10226) is an advertisement supplied by GOLDEN PROPERTIES and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.