Description
FHCL5008 - Housing Allotment w/ Approved Project 12 Lots next to the Arade River, Mexilhoeira da Carregacao
Excellent investment opportunity in Estombar, next to the Arade River, with an approved housing subdivision project and a license ready to be lifted.
The land, with a total area of 7,565.8 m², is located in a privileged and quiet area, ideal for the development of a modern and sustainable condominium, overlooking the river and harmonious integration with the surrounding green spaces.
The project foresees the construction of 12 housing lots, a parking area, a communal garden and a shared swimming pool, offering a quality housing concept with excellent future appreciation.
Key features
- Total Land Area: 7,565.8 m²
- Gross Construction Area: 3,780 m²
- Expected Useful Area: 2,700 m²
- Approved project for 12 housing lots
- Building plots of up to 225m2 on 2 floors
- Includes common parking areas, garden and swimming pool
- Ready-to-pay building permit
Located next to the Arade River, in Mexilhoeira da Carregacao (Estombar), the development benefits from an exceptional natural setting and excellent access to Lagoa, Portimao and the main roads.
Just minutes from schools, pharmacies, supermarkets, public transport and beaches in the Algarve.
Highlights
- Modern and approved housing project
- Premium riverside location
- Building permit ready to lift
- Excellent opportunity for property developers and investors
- Strong potential for appreciation and profitability
This subdivision represents a unique opportunity for real estate development in the heart of the Algarve, combining nature, tranquillity and urban proximity.
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Algarve > Faro > Lagoa > Estombar > Mexilhoeira da Carregacao
Energy Rating: Exempt
