$1,697,580

Plot For Sale 5,796m² Of Construction Portimão

  • 1.44 Ac lot
  • Updated: September 20

About the Property

Plot for Sale / 37 Apartments / 5,796sqm 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 884sqm and
Plot for Sale / 37 Apartments / 5,796sqm 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 884sqm 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: 884sqm Implantation area: 608sqm Gross construction area: 5,796sqm Area H/above-ground construction: 4,028sqm Area L/E: 1,768sqm 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 5,796sqm 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: 884sqm of land + 5,796sqm 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 5,796sqm of gross construction area 4,028sqm of above-ground construction 1,768sqm of area C/E 7 floors above ground 884sqm of plot area 608sqm 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 (ref NU-NU_5954)
  • Property type

    Land

Features

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

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Vale de Lagar, Portimao, Algarve, Portugal View on Google Maps
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NurisImo

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NurisImo
Portugal
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137
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2023
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NurisImo
Portimão, Portugal
View agency profile
Last updated
September 20
First listed
Sep 17
Listing reference
-216621951
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