Plot for sale
Olhão, Algarve, Portugal
£5,103,531 *
[€5,940,000]
Full Description
Land with Approved Project for 132 dwellings - Olhão.
In the heart of one of the most authentic and promising cities in the Algarve, there is a truly distinct opportunity for real estate investment in Olhão. It is a plot of land with an approved project, ready to give way to a reference residential development, designed to respond to the growing demand for quality housing in a region in constant appreciation.
The project foresees the construction of a housing complex with 132 dwellings, designed for a modern lifestyle, balancing comfort, functionality and high attractiveness for the home and rental market. The architectural proposal assumes a contemporary and sophisticated language, with a careful optimisation of the areas and an excellent use of the land, reflecting a clear vision of quality, efficiency and long-term appreciation.
The sale includes the approved project, which allows for a drastic reduction in development timelines and mitigating the risks normally associated with the permitting process, offering investors a solid, secure and differentiating foundation. The location, in an area in full urban expansion, benefits from excellent access, proximity to shops, services and essential infrastructures, as well as quick connection to the city's main roads, reinforcing the potential for continuous appreciation of the apartments.
This property represents more than just a real estate project: it is a strategic opportunity to create a development of scale, identity and high return, in a resilient and growing market. A proposal designed for developers and investors who seek not only to build, but to leave a mark, with safety, vision and ambition, in one of the most desired destinations in the Algarve.
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Energy Rating: Exempt
#ref: CS-TU-94188
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