$6,941,399

Excellent Investment Opportunity 20 Hectares For Development

  • Updated: June 18
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About the Property

Located in Vale da Ribeira, between Alvor and Lagos, this property represents a rare opportunity for developers and investors seeking a large-scale project in one of the most valued areas of the Algarve. With a total area of 20 hectares and comprising 4 urban plots, the property is being sold as a whole, allowing for an integrated and structured development, with the possibility of phased construc
Located in Vale da Ribeira, between Alvor and Lagos, this property represents a rare opportunity for developers and investors seeking a large-scale project in one of the most valued areas of the Algarve. With a total area of 20 hectares and comprising 4 urban plots, the property is being sold as a whole, allowing for an integrated and structured development, with the possibility of phased construction. Strategic Location Between Penina and Lagos • Just 5 minutes from the Via do Infante (A22) • 12 minutes from Alvor • 12 minutes from Lagos • 15 minutes from Meia Praia • Excellent access • Partial sea views A rapidly growing area combining tranquillity, proximity to beaches, golf courses and services, with excellent connections to the main road networks of the Algarve. Development Potential Infrastructure works have already been completed and delivered to the Municipality. Plot 1 10,000 sqm of land • 7,200 sqm of construction Plot 2 46,450 sqm of land • 7,000 sqm of construction Plot 3 24,450 sqm of land • 7,000 sqm of construction Plot 4 13,150 sqm of land • 4,500 sqm of construction Total above-ground construction: 25,700 sqm Maximum of 156 units As the project consists of 4 urban plots, it allows for: • Phased development • Execution in distinct stages • Adaptation to different concepts (residential, touristic or mixed-use - subject to legal framework) • More efficient risk management through phased construction (ref FP-13213)
  • Property type

    Land

Features

  • Garden
  • Water View
  • Mountain View
  • Sea View
  • Oceanfront
  • Waterfront
  • Investment Property

Explore the Area

Vale da Ribeira, Portimão, 8500-000, Portugal View on Google Maps
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Formula Prime

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Formula Prime
Portugal
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30
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2023
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Formula Prime
Almancil, Portugal
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Last updated
June 18
First listed
Feb 21
Listing reference
-21119127
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