Residential Development Opportunity Quarteira/Almargem

Residential Development Opportunity - Quarteira/Almargem An excellent investment opportunity in one of Quarteira’s fastest-growing areas, offering strong potential for future appreciation. The plot is located just minutes from the beach, the seafront promenade, Vilamoura and a wide range of essential amenities. Set on approximately 2,500sqm, the property offers 1,701sqm of permitted construction potential. The proposed development may comprise two elegant contemporary buildings, separated by landscaped walking and leisure trails. Each building can include three floors above a basement level dedicated to private parking, creating modern and functional homes designed to meet the Algarve’s growing residential demand. A favourable technical assessment has confirmed that the existing municipal water supply and drainage networks have sufficient capacity to serve the proposed development-an important advantage for developers and investors. Key investment highlights: Option to develop two contemporary buildings with 20 apartments: 16 two-bedroom apartments and four four-bedroom penthousesAlternative option to develop 10 contemporary three-bedroom townhousesPlot of approximately 2,525.70sqmTotal construction potential of approximately 1,701sqmBasement level with private parkingConfirmed water supply and drainage infrastructureJust minutes from Quarteira BeachClose to Vilamoura, shops, schools and essential servicesExcellent access to the Algarve’s main roads and Faro International AirportStrong potential for investment returns and future appreciation A strategic opportunity to create a contemporary residential development close to the sea, in one of Quarteira’s most promising locations. (ref PD-063066)