Description
Flat Land with Investment Potential in Montenegro, Faro
Flat plot with a total area of 14,170 m² (1.4 ha), located in a highly promising area close to the city of Faro.
According to the 2024 revision of the Faro Municipal Master Plan (PDM), the land has a land-use index of 0.6, which can be increased exclusively for underground parking and/or balconies, allowing construction of up to 4 floors above ground level, with a maximum facade height of 13.4 metres and a ground occupancy rate of 40%.
Close to public infrastructure, with easy and quick access to the property.
Thanks to its strategic location, this land represents an excellent investment opportunity for hospitality, tourism, or leisure projects, benefiting from proximity to Faro's Gago Coutinho Airport, beaches, and the region's main access routes.
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