Investment Opportunity With Approved Project For 150 Homes In Olhão – Algarve

A real estate investment opportunity in Olhão, in the parish of Quelfes. This urban plot of approximately 9,180 m², intended for residential construction, benefits from an approved project for the construction of 150 housing units.

Located in a well-established residential area of Quelfes, the plot benefits from proximity to shops, services, schools and main roads, allowing quick access to the centre of Olhão as well as the main infrastructure of the area.

The project provides for the construction of 146 apartments of typology T2 and 4 apartments of typology T4, spread over 10 buildings of 5 floors. The entire program also includes 206 parking spaces as well as a communal swimming pool, helping to create a comfortable and functional residential environment.

All apartments will have balconies, while the roofs will be equipped with solar and photovoltaic panels, promoting better energy efficiency and a sustainable approach to the project.

The T2 apartments will be composed of:
A living room with open-plan kitchen
A suite with dressing room
An extra bedroom
A bathroom
A laundry room / pantry
Balconies

The T4 apartments will include:
A living room with open-plan kitchen
Three suites with dressing room
An additional suite
A bathroom
A laundry room / pantry
Balconies

This project offers a solid foundation for the development of a modern residential program, adapted to the current needs of the market, both for the main residence and for rental investment.

Olhão, a coastal town located in the heart of the Ria Formosa, is appreciated for its authenticity, its traditional port and its privileged access to the islands and natural beaches of the region. Its living environment and location within the Algarve make it an attractive location for residents and investors alike.