Urban Plot On The Front Line Of Ria Formosa With Residential Project Under Review – Fuseta

Excellent investment opportunity on the front line of the Ria Formosa, in Fuseta, one of the most exclusive and sought-after locations in the eastern Algarve.

The property for sale is an urban building with two floors, including porch and outdoor area, set on an urban plot of 1,254.9 m², benefiting from a truly privileged location facing the Ria Formosa.
An architectural project has been submitted to the Municipality and is currently under review, proposing the demolition of the existing building and the construction of a residential building with three above-ground floors and two basement levels.

🔹 Project Description (under review)
Ground floor:
4 residential units (2 studios, 1 one-bedroom and 1 three-bedroom)

First floor:
3 apartments (1 studio, 1 one-bedroom and 1 two-bedroom)

Second floor:
3 apartments (1 studio, 1 one-bedroom and 1 three-bedroom)

Basement -1:
10 parking spaces
5 storage rooms
2 one-bedroom apartments

Basement -2:
10 parking spaces
5 storage rooms
2 one-bedroom apartments

Rooftop:
Communal swimming pool with 66 m²

The project is designed exclusively for residential use, combining functionality, private parking and shared amenities, in an area of limited supply and strong demand.

📞 For further detailed information regarding the property and the submitted project, please contact us.