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About the Property

Situated within an area of outstanding natural beauty, the Ria Formosa Natural Park, this 4,672m2 plot is located close to a very quiet residential area with excellent access.

The perfect location with possibility to develop project for construction of a prestigious hotel with an approved implantation area of 2700m2 (58% of the total area). In total 11,193m3, 5 floors reflected in a mx 18
Situated within an area of outstanding natural beauty, the Ria Formosa Natural Park, this 4,672m2 plot is located close to a very quiet residential area with excellent access.

The perfect location with possibility to develop project for construction of a prestigious hotel with an approved implantation area of 2700m2 (58% of the total area). In total 11,193m3, 5 floors reflected in a mx 18m2 level, 109 rooms, 11 suites and 97 covered parking lots. This project allows alteration to an apartment complex or student residence. Or for the development of an adjacent residential area with a maximum of 40% of usable area and a maximum index of 0.6.

With a premium location, it is close to Faro city centre, Faro Beach, the airport and Faro University.
  • Property type

    Land

  • Year built

    1900

Features

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Vilamoura Office

Joined 11 years ago
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Vilamoura Office
Faro, Portugal
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Portugal Sotheby's International Realty
Portugal Sotheby's International Realty
Algarve, Vilamoura, Quinta Lago, Vale lobo Av Marina, Vila Lusa, Loja 5, Av Marina, Vila Lusa, Loja 5, 8125-401, Loulé, Faro, Portugal
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The Vilamoura Marina is known as the largest facility for large recreation boats
in the Algarve. It is also a p
The Vilamoura Marina is known as the largest facility for large recreation boats
in the Algarve. It is also a popular tourist destination for fine shops,
restaurants and nightlife. It is also home to Sotheby’s International Realty
Vilamoura. With 300 days of sunshine per year, the Algarve has a reputation as
the ideal holiday and second home destination for all nationalities. Sotheby’s
International Realty Vilamoura provides property sales consulting from across
the central Algarve, from Albufeira to Faro. This includes the ultra-exclusive
area known as “The Golden Triangle.” In addition to Vilamoura, the Golden
Triangle encompasses the popular resorts of Vale do Lobo and Quinta do Lago.
Here, many European celebrities, sportspersons and privileged families have
holiday homes. Among the many desirable features of the central Algarve are
numerous golf courses, wide sweeping beaches, Michelin Star restaurants, and
most importantly, a relaxed, secure and entertaining lifestyle. Mascarazul Med
Imob Lda AMI 8904
Last updated
August 7
First listed
Jul 20, 2023
Listing reference
NVEV69
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