For Sale Land With Approved Project For 150 Units In Olhão

Greice Homes presents an exclusive urban plot with 9,108 m², located in the heart of Olhão — one of the most promising locations in the Algarve. With an approved project and an implantation area of 2,536 m² and a gross construction area of 3485m², this is a strategic opportunity to develop a high-end residential or tourist development.

A perfect setting to create value:

With an approved project for the construction of 150 dwellings, 146 T2 units and 4 T4 units.

Potential for aparthotel or luxury hotel unit.

Complementary infrastructures such as swimming pool, garden, barbecue and tennis court for a sophisticated and welcoming atmosphere

Excellent Location: This land is located in a quiet and easily accessible area, close to the Municipal Stadium, Ria Shopping and the vibrant downtown area — where you can enjoy a wide range of gastronomic, cultural and leisure activities. In addition, it is only 11 km from Faro Airport and next to the boarding points for the islands of Armona, Farol and Culatra.

Highlights that make a difference:

Stunning view over the Ria Formosa

Privileged sun exposure

Strong potential for enhancement and positive impact on the urban and economic development of the region

This is the time to turn potential into reality. Whether to promote a residential condominium, a charming tourist project or a mixed solution — this land represents a solid and differentiated investment in the Algarve’s premium real estate market.

Accepts barter.

Schedule your visit with Greice Homes and bring your next big project to life.