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JP¥ 177,420,000

Development Land in Faro, Distrito de Faro

JP¥ 177,420,000
1,170 m²

Description

Urban plot with lots for the construction of apartment buildings - Faro
This is an exceptional investment opportunity in the real estate sector, consisting of 8 urban lots available for individual sale, located in a developing urban area with high potential for appreciation. These plots are intended for the construction of multi-family buildings, up to 5 floors and a number of dwellings between 10 and 45 per plot, allowing for the creation of modern residential projects that are highly attractive in the housing market.
Plot characteristics:
Gross construction areas from 1,170 m² to 5,197.50 m².
Number of Units per Lot from 10 to 45 apartments.
Value per Lot from €970,000 to €4,500,000.
Building Type: 5-story multi-family residential buildings, ideal for developing 1- to 3-bedroom apartments with balconies, parking spaces, and common areas.
Advantages for Investors or Developers:
Flexibility of acquisition: Lots can be purchased individually, adjusting to different investment profiles and development strategies.
Growing market: Location in an expanding urban area, with high demand for new housing, both for sale and for rent
Infrastructure and accessibility: Area well served by road access, public transport, local shops, services, and schools.
We would love for you to come and visit.
Energy Rating: Exempt

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Details

External size:
1,170 m²
Reference:
3226M

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Position