$6,991,077

Plot Of Land With Approved Project For 46 Apartments In Quarteira

  • 3,983 Sqft
  • 16,146 Sqft lot
  • Updated: June 18

About the Property

Exceptional investment opportunity in a plot of land with an approved project for the development of a contemporary residential complex in Quarteira, one of the most sought-after and rapidly appreciating locations in the Algarve.

Located on the third line from the sea, the plot benefits from a prime position just a few minutes’ walk from the beach, combining tranquility with immediate pro
Exceptional investment opportunity in a plot of land with an approved project for the development of a contemporary residential complex in Quarteira, one of the most sought-after and rapidly appreciating locations in the Algarve.

Located on the third line from the sea, the plot benefits from a prime position just a few minutes’ walk from the beach, combining tranquility with immediate proximity to shops, services, restaurants, and leisure areas.

The project foresees the construction of a modern development comprising 46 residential units, distributed across one-, two-, and three-bedroom apartments (7 one-bedroom, 32 two-bedroom, and 7 three-bedroom units), with generous areas, functional layouts, and a strong focus on comfort and natural light. The development is divided into two blocks, with Block 1 comprising 25 apartments and Block 2 comprising 21 apartments, ensuring a balanced layout and enhanced exclusivity.

Spread across 6 floors above ground, all units feature private balconies, offering excellent sun exposure and abundant natural light.

The building also includes 2 basement levels, dedicated to parking and storage, totaling 74 private parking spaces, including 2 spaces for reduced mobility, as well as 8 public parking spaces. A condominium room is also included, enhancing functionality and shared space organization. The basement areas are designated for residents’ parking and storage units, ensuring daily convenience and efficiency.

Quarteira stands out for its year-round vibrant atmosphere, extensive seafront promenade, high-quality beaches, and proximity to the prestigious Vilamoura Marina. Strong demand from both the tourist and residential markets reinforces the high appreciation potential of this investment.

A well-structured project in a prime location, offering all the conditions for a secure, sustainable, and highly profitable investment in the Algarve.

For further information or access to full project details, please do not hesitate to get in touch.
Energy Rating: F
#ref:TR14244
  • Property type

    Land

  • Price/sqft

    $1,755

  • Emissions

    NI

  • Consumption

    F

Features

  • Water View
  • Modern
  • Waterfront
  • Beachfront
  • Seafront
  • City View
  • 2D Floor Plan
  • Investment Property
  • Basement
Features

Lot

  • Beachfront
  • City View
  • Water View
  • Waterfront
  • Seafront
  • Investment Property
  • Modern

Indoor

  • Basement

Outdoor

  • Balcony
  • Parking

Explore the Area

Quarteira, Algarve, Portugal View on Google Maps
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Janela Imobiliária

5

Joined 6 years ago
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Janela Imobiliária
Faro, Portugal
View agency profile
158
Listings
2020
Joined
5
1 review

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Janela Imobiliária
Faro (Sé e São Pedro), Faro, Portugal
View agency profile
Last updated
June 18
First listed
Apr 8
Listing reference
TR14244-0525576781
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