Description
Exceptional Land near Gago Coutinho Airport, in Montenegro, Faro Municipality, Algarve.
This property is strategically located in an urban expansion area with the possibility of subdivision, covering a total area of 14,170m2.
With a PDM index of 0.4 and a maximum construction of 40 residential units per hectare, the property offers ideal conditions, including roads with a width of 6 meters.
This is a unique investment opportunity, allowing for a variety of uses, such as car rental services, residential apartment/house construction, hotel facilities, airlines, industry, hypermarket, recreational areas for social and sports activities, agriculture, camping, and much more.
Standing out for the presence of a beautiful and traditional classic water well, the land has easy access to public services, including water, basic sanitation, and electricity.
Access to the land is in good condition and can be made both by personal vehicles, using a part of asphalt road and part of dirt road, and by pedestrians.
The privileged location, less than 5km from the City of Faro with several predominantly housing developments in the surroundings.
With a wide range of shops and services nearby, including frequent public transportation between Faro and Montenegro, passing through the Airport, Faro Beach/Island, UALG-Campus Gambelas, Private Hospital of Algarve-Gambelas, and other stops.
A few kilometers from the University and Nursing School and 5km from the Polytechnic, School of Management, Hospitality and Tourism, Professional Training Service, and other educational institutions in the area.
A short distance from the Ria Formosa Natural Reserve Park, renowned for its diverse ecosystem, globally recognized landscapes, and hiking trails.
Minutes away from the tennis center with six courts, the Equinostrum Equestrian Center, three different gyms, and the sports pavilion.
This property offers a unique opportunity for visionary investors.
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'YOUR HOME IN ALGARVE'
