Premium

Plot for sale

Portimao, Algarve, Portugal

£290,290 *  [€339,900]

Plot for sale

Portimao, Algarve, Portugal

£290,290 *  [€339,900]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 815 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


Exceptional opportunity: This spacious plot, with a total area of 815 m2, offers remarkable potential for the construction of a residential and commercial building.
Characteristics of the terrain:
Total area: 815 m2
Located : Zone des 3 Bicos, Portimao
Municipal Development Plan (PDM): allows the construction of a 4-storey building and a basement for parking
Potential use: ground floor for shops and services, other floors for residential
This land enjoys a privileged location, in the heart of a growing area.
Note that no specific project has yet been submitted to the town hall for this land. However, there is information accepted and provided by the council which informs that, in accordance with the provisions of the Municipal Development Plan (PDM), it is possible to construct a building of 4 floors, with a basement provided for parking.
The ground floor of this future building can be converted into shops and services, thus offering an excellent opportunity for entrepreneurs and shop owners. The upper floors will be dedicated to housing.
Easy access to public transport and road infrastructure. This land therefore offers a privileged living environment for future residents and an attractive investment potential for real estate developers.
It is important to emphasize that the presentation of a specific project to the town hall will be necessary to obtain building permits. However, given the possibilities offered by the Municipal Development Plan (PDM), this land represents a promising opportunity for those who wish to invest in real estate development in Portimao.
Do not hesitate to contact us now for more information or to arrange a visit to the site.
Energy Rating: Exempt
#ref: 259

Map may not show exact location

This property listing (ref: 259) is an advertisement supplied by BOTO 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 0.854 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.