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₪ 67,947,100

Development Land in Faro, Distrito de Faro

₪ 67,947,100
45,400 m²

Description

Land of 4.54 ha in Faro, with Detailed Plan that has already been published in the Diario da Republica.

The land will have 4 types of utilities:
A) Equipment (1 unit, 5 floors)
B) Tourist development (1 unit, 10 floors)
C) Housing/commerce/services (14 units with 8 floors each, 2 units with 10 floors each)
D) Cost-controlled housing (3 units, 8 floors each)

The total approved construction area is 108,000m2, of which 7,612m2 will be equipment, 20,348m2 for tourist development, 69,988m2 for housing/commerce/services and 10,932m2 for affordable housing.

For more information, don't hesitate to contact us!

This land is close to the centre of Faro, where you can find all kinds of amenities and services, such as supermarkets, cafes, pastry shops, a market and schools. It is 10 minutes by car/boat from the beach. Private health services such as Hospital Lusiadas Faro or Clinica Particular do Algarve in Gambelas are less than 10 minutes away. Easy access to the A22 (Via do Infante) and about 10 minutes from Faro International Airport.

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Details

External size:
45,400 m²
Size:
10,800 m²
Reference:
W-02S01E

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Position