$991,600

Urban Land In The City Centre, Next To The Gilão River In Tavira, Algarve

  • 3,176 Sqft
  • 6,577 Sqft lot
  • Updated: July 9
  • 2
    Views for last 30 days

About the Property

Excellent investment opportunity in the heart of the city, just a few meters from the Gilão River. This urban plot of 611 m² stands out for its strategic location and enormous construction potential. Flanked by traditional houses, the plot borders the Alto de Santana hill, offering great access and proximity to all kinds of commerce, services and transport.

Existing Structures:
2 bedr
Excellent investment opportunity in the heart of the city, just a few meters from the Gilão River. This urban plot of 611 m² stands out for its strategic location and enormous construction potential. Flanked by traditional houses, the plot borders the Alto de Santana hill, offering great access and proximity to all kinds of commerce, services and transport.

Existing Structures:
2 bedroom villa (235 m²): Divided into two floors, in good condition and inhabited by the owner. It includes a terrace with unobstructed views over the historic area.
Warehouse (60 m²): Additional space adjacent to the villa.

Development Potential:

It is one of the last available plots of land in the urban centre with feasibility for the construction of a gross area of 1,490 m² (with an implantation of 596 m²). The project allows up to three floors above ground and underground parking (total or partial) with a ceiling height of 2.20 m.

Ideal for the creation of a gated community of apartments/villas, or for those who dream of a private farm in the middle of the city. Perfect for small builders and property developers.

Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park.
Tavira Island has a long sandy beach and salt pans that attract flamingos, spoonbills and other wading birds.
In the centre, the medieval castle of Tavira offers views of the city. The Church of Santa Maria do Castelo houses the tombs of 7 knights killed by the Moors.

Distance to points of interest - Faro Airport (40km), Motorway (2km), Supermarket (500m), Beach (1.5km), Market (800m), Pharmacy (50m), Health Center (1km), Bus (300m), Golf (5km), Restaurants (10m), Bars (10m), Shopping Center (700m)Come visit and see the unique potential of this property!
Energy Rating: F
#ref:SÒL_50833
  • Property type

    Land

  • Price/sqft

    $312

  • Emissions

    NI

  • Consumption

    F

Explore the Area

Tavira (Santa Maria e Santiago), Algarve, Portugal View on Google Maps
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Garvetur

Joined 3 years ago
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Garvetur
Faro, Portugal
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743
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Garvetur
Quarteira, Faro, Portugal
View agency profile
Last updated
July 9
First listed
Jun 6, 2024
Listing reference
SÒL_50833-0520252008
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