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€ 8,900,000

Building Land in Olhão, Portugal

€ 8,900,000
9,108 m²

Description

Unique Investment Opportunity in Olhao, Algarve

Plot of land with a total area of 9,108 m², located in Quelfes, Olhao, an area experiencing strong growth and high housing demand. The property benefits from an approved project for the construction of 150 residential units, carefully designed to meet current market needs.

The development includes 142 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4), highly sought-after and versatile unit types, ideal for both permanent residence and investment in the rental market. Its strategic location ensures excellent accessibility, close proximity to shops, services, and main road connections, while also offering the quality of life for which the Eastern Algarve is renowned.

A solid opportunity with strong value appreciation potential, ideal for developers and investors seeking a fully approved, ready-to-proceed project in one of the Algarve's most promising areas.
Energy Rating: Exempt

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Details

External size:
9,108 m²
Size:
6,572 m²
Reference:
PJ/CF01367

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Position