Description
Land with Construction Feasibility (29 LOTS) - Conceicao de Faro
Land for sale with 23,400 m², located near Faro, in the parish of Conceicao de Faro.
It has an approved PIP for the construction of 29 three-bedroom townhouses, each with a basement garage, swimming pool, and attic.
The land has a registered borehole, ideal for watering gardens and supplying swimming pools, and offers sea views.
With a privileged location, it is only:
12 minutes from Faro International Airport and the University of Algarve,
10 minutes from the center of Faro and the Via do Infante (A22).
It has excellent access and water, sewage, and electricity infrastructure already in place.
The project offers several development possibilities and can be adapted to:
Gated community,
Senior housing or geriatric unit,
Student housing,
Or a mixed solution (housing, retail, and services).
The subdivision licensing process has already been submitted to Faro City Council, with approval expected within 3 to 6 months.
Excellent investment opportunity!!!
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