Description
Plot for Construction of a 6-Storey Building with 12 Two-Bedroom Apartments – Urbanização das Sesmarias, Alvor
This 200 m² urban plot is located on Rua das Tílias, Urbanização das Sesmarias, Alvor, in a well-established residential area with good access and excellent potential for appreciation.
According to the subdivision permit, the land allows for:
• Implantation area: 200 m²
• Total gross construction area: 1,200 m²
• Maximum number of floors: 6 + basement for parking,
• Total number of dwellings: 12 two-bedroom apartments (possibility of changing types)
The planned layout includes two 2-bedroom apartments per floor, with the following areas:
• Left 2-bedroom: gross area 92.53 m² | usable area 77.78 m² | two fronts with balconies facing east and west
• Right 2-bedroom: gross area 84.26 m² | usable area 70.83 m² | east/south facing, with east-facing balcony
Location
Located in a quiet residential area with good urban surroundings, this plot benefits from excellent sun exposure and proximity to the centre of Alvor, beaches, local shops and essential services.
The Sesmarias Urbanisation is one of the most sought-after areas in Alvor for investment in permanent or tourist housing, due to its strategic location between Portimão, Alvor and the EN125.
Investment opportunity
With the potential for the development of a 6-storey residential building with 12 flats, this plot is an excellent option for developers or investors looking for a project close to the coast and with high demand for housing and tourism in the Alvor region.
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