Urban Plot With Lots For The Construction Of Apartment Buildings Faro
12,594 Sqft lot
Updated: June 18
About the Property
Urban plot with lots for the construction of apartment buildings - Faro This is an exceptional investment opportunity in the real estate sector, consisting of 8 urban lots available for individual sale, located in a developing urban area with high potential for appreciation. These plots are intended for the construction of multi-family buildings, up to 5 floors and a number of dwellings betwee
Urban plot with lots for the construction of apartment buildings - Faro This is an exceptional investment opportunity in the real estate sector, consisting of 8 urban lots available for individual sale, located in a developing urban area with high potential for appreciation. These plots are intended for the construction of multi-family buildings, up to 5 floors and a number of dwellings between 10 and 45 per plot, allowing for the creation of modern residential projects that are highly attractive in the housing market. Plot characteristics: Gross construction areas from 1,170 m² to 5,197.50 m². Number of Units per Lot from 10 to 45 apartments. Value per Lot from €970,000 to €4,500,000. Building Type: 5-story multi-family residential buildings, ideal for developing 1- to 3-bedroom apartments with balconies, parking spaces, and common areas. Advantages for Investors or Developers: Flexibility of acquisition: Lots can be purchased individually, adjusting to different investment profiles and development strategies. Growing market: Location in an expanding urban area, with high demand for new housing, both for sale and for rent Infrastructure and accessibility: Area well served by road access, public transport, local shops, services, and schools. We would love for you to come and visit. Energy Rating: Exempt #ref:3226M