Approximate location
Urban land of 0,918 ha for sale in Olhão, Algarve
URBAN
|
PLOTS
0.918 ha | Faro
EUR 8,900,000
USD 9,392,295
Description
A real estate investment opportunity in Olhao, in the parish of Quelfes. This urban plot of approximately 9,180 m2, intended for residential construction, benefits from an approved project for the construction of 150 housing units. Located in a well-established residential area of Quelfes, the plot benefits from proximity to shops, services, schools and main roads, allowing quick access to the centre of Olhao as well as the main infrastructure of the area. The project provides for the construction of 146 apartments of typology T2 and 4 apartments of typology T4, spread over 10 buildings of 5 floors. The entire program also includes 206 parking spaces as well as a communal swimming pool, helping to create a comfortable and functional residential environment. All apartments will have balconies, while the roofs will be equipped with solar and photovoltaic panels, promoting better energy efficiency and a sustainable approach to the project. The T2 apartments will be composed of: A living room with open-plan kitchen A suite with dressing room An extra bedroom A bathroom A laundry room / pantry Balconies The T4 apartments will include: A living room with open-plan kitchen Three suites with dressing room An additional suite A bathroom A laundry room / pantry Balconies This project offers a solid foundation for the development of a modern residential program, adapted to the current needs of the market, both for the main residence and for rental investment. Olhao, a coastal town located in the heart of the Ria Formosa, is appreciated for its authenticity, its traditional port and its privileged access to the islands and natural beaches of the region. Its living environment and location within the Algarve make it an attractive location for residents and investors alike.
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Location
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Urban land of 0,918 ha for sale in Olhão, Algarve
URBAN
|
PLOTS
0.918 ha | Faro
EUR 8,900,000
USD 9,392,295
Need financing?
Boost your agricultural, livestock, or forestry operation through Cocampo.
Request financing
Need valuation/appraisal?
At Cocampo we offer professional valuation services, tailored to each type of property.
Value my property
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