$1,692,697

Plot For Sale | 5,796 M² Of Construction | Portimão

  • 62,388 Sqft
  • 9,516 Sqft lot
  • Updated: September 18

About the Property

Plot for Sale | 37 Apartments | 5,796 m² of Gross Construction Area.

NURIAL Urbanization - Vale Lagar | Portimão | Algarve.

Excellent opportunity for real estate developers and investors looking for a plot of land with the size and capacity to develop a large-scale residential development in Portimão.

This plot of land, integrated in the NURIAL Urbanization - Vale Lagar,
Plot for Sale | 37 Apartments | 5,796 m² of Gross Construction Area.

NURIAL Urbanization - Vale Lagar | Portimão | Algarve.

Excellent opportunity for real estate developers and investors looking for a plot of land with the size and capacity to develop a large-scale residential development in Portimão.

This plot of land, integrated in the NURIAL Urbanization - Vale Lagar, has an area of 884 m² and a constructive configuration that allows the prospect of a multifamily residential development with 37 apartments, spread over 5 T1, 10 T2, 14 T3 and 8 T4.

Features
Plot area: 884 m²
Implantation area: 608 m²
Gross construction area: 5,796 m²
Area H/above-ground construction: 4,028 m²
Area L/E: 1,768 m²
Floors above ground: 7
Planned apartments: 37
Typologies: 5 T1 + 10 T2 + 14 T3 + 8 T4
Development potential

The plot of land presents a particularly interesting scale for the creation of a contemporary residential development, with a diversified offer of typologies: 5 T1 apartments, 10 T2 apartments, 14 T3 apartments and 8 T4 apartments.

This combination allows it to cover different segments of the market, from investors and individual buyers to families looking for larger apartments.

The planned capacity of 37 dwellings, associated with the 5,796 m² of gross construction area, gives the lot an adequate size for an operation aimed at real estate developers and investors.

Location

Inserted in the NURIAL Urbanization - Vale Lagar, in Portimão, the plot is located in a residential area close to commerce, services, equipment and road access.

The location allows you to benefit from the proximity to the centre of Portimão and the main areas of interest in the Algarve, while maintaining the residential setting of Vale Lagar.

Opportunity for investors

The main attraction of this asset is the combination of:

884 m² of land + 5,796 m² of gross construction area + 7 floors + 37 planned apartments.

An opportunity aimed at developers and investors looking to develop a residential project of relevant size in Portimão, with four distinct typologies and potential for a diversified marketing strategy.

In summary

37 planned apartments - 5 T1, 10 T2, 14 T3 and 8 T4
5,796 m² of gross construction area
4,028 m² of above-ground construction
1,768 m² of area C/E
7 floors above ground
884 m² of plot area
608 m² of layout
NURIAL Urbanization - Vale Lagar, Portimão.

Note: The areas, number of floors, distribution of dwellings and other parameters presented correspond to the elements currently available for Lot C4 and must be confirmed through the respective process/project and with the competent authorities. Some images created using AI.

Ref.: 5954
Energy Rating: Exempt
#ref:NU_5954
  • Property type

    Land

  • Price/sqft

    $27

  • Emissions

    NI

  • Consumption

    X

Features

  • Water View
  • Modern
  • Gas Stovetop
  • Kitchen island
  • Bar
  • Stone Countertops
  • Balcony

Explore the Area

Avenida Fernando Pessoa, Portimao, Algarve, Portugal View on Google Maps
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Nurisimo

Joined 5 years ago
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Nurisimo
Faro, Portugal
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155
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2021
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Nurisimo
Portimão, Faro, Portugal
View agency profile
Last updated
September 18
First listed
September 17
Listing reference
NU_5954-0526621951
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