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€ 1,167,700

Land Available in Lagoa, Portugal

€ 1,167,700
805 m²

Description

In the picturesque centre of Carvoeiro, just a few minutes walk from the beach, is this property, with an approved project for the construction of a luxury residential building, which combines the authentic charm of the Algarve with contemporary architecture.

The land has 806 m² and is located in an area classified as 'consolidated residential spaces', which allows for high construction density.

There is already an approved license (December 2024) for 1,167.87 m² of construction area, spread over 9 apartments, each with a private pool and outdoor areas.

It is included in the ARU zone, which reduces the VAT on the works from 23% to 6%, making the project tax-advantageous.

Key features

Urban building with approved project for the construction of 9 luxury apartments

Central and privileged location in the heart of Carvoeiro

Contemporary architectural design inspired by local tradition

Each unit with private pool, terrace and sea views

Elevator, underground parking and large outdoor areas

Inserted in the ARU zone, with VAT reduction to 6% on works

License approved (December 2024) for 1,167.87 m² of construction

Plot of 806 m²

Location & Distances

Carvoeiro Beach: 450 m (5 minutes walk)

Paraiso Beach: 800 m

Benagil Beach: 10 minutes by car

Golf Courses (Vale de Milho, Gramacho, Pinta): 5-10 minutes by car

Supermarkets, restaurants and cafes: less than 200 m

Lagoa (city centre): 7 minutes by car

Faro International Airport: 45 minutes

At City HOME we provide legal support and certified credit intermediation services, free of charge to all our customers. We share on a 50/50 basis with any agent/agency with a valid AMI license, because only in this way do we guarantee a better quality of service to our customers, if you are an agent and have a qualified buyer do not hesitate to schedule your visit.
Energy Rating: F

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Details

External size:
805 m²
Energy Rating:
F
Reference:
City-25-95C

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Position