$3,017,179

2 Plots Of Land Intended For Urban Construction In Alvor, Algarve

  • 54,638 Sqft
  • 2.11 Ac lot
  • Updated: June 18
  • 2
    Views for last 30 days

About the Property

Investment Opportunity in the Algarve - Plots for Tourist Development

We present an excellent investment opportunity: the joint sale of two plots of land designated for urban construction, located in a rapidly expanding residential area surrounded by green spaces, offering a მშვიდ and nature-oriented lifestyle.

Plot Details:
Plot 1: Total area of 3,373.64 sqm, featuring a foo
Investment Opportunity in the Algarve - Plots for Tourist Development

We present an excellent investment opportunity: the joint sale of two plots of land designated for urban construction, located in a rapidly expanding residential area surrounded by green spaces, offering a მშვიდ and nature-oriented lifestyle.

Plot Details:
Plot 1: Total area of 3,373.64 sqm, featuring a footprint of 539.85 sqm and a gross construction area of 755.80 sqm. Planned for the development of 10 one-bedroom tourist apartments.

Plot 2: Total area of 5,153.60 sqm, with a footprint of 539.85 sqm and a construction area of 1,500 sqm. Planned development: 12 two-bedroom tourist apartments.

According to the subdivision permit, both plots allow for the construction of buildings up to 2 floors, making them ideal for a structured and profitable tourist project.

Prime Location:
Located just a few minutes from the picturesque village of Alvor and the iconic Praia da Rocha, two of the region’s most popular destinations, these plots benefit from surroundings that combine tranquillity with proximity to outstanding tourist attractions. The region is renowned for its golf courses, beaches of great natural beauty, cuisine and leisure facilities.

Surroundings & Accessibility:
Quiet area with strong natural surroundings
Close to tourist resorts, shops, and services
Near hospital and essential amenities
Easy access to the A22 motorway (Via do Infante)
Close to Alvor airfield and Faro International Airport

Invest in a high-demand tourist destination with strong growth potential.
#ref:SÒL_52424
  • Property type

    Land

  • Price/sqft

    $55

  • Emissions

    NI

  • Consumption

    NI

Features

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Alvor, Algarve, Portugal View on Google Maps
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Garvetur

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Garvetur
Faro, Portugal
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739
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2023
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Garvetur
Quarteira, Faro, Portugal
View agency profile
Last updated
June 18
First listed
Sep 13, 2024
Listing reference
SÒL_52424-0521446321
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