Greice Homes presents an exclusive urban plot with 9,108 sqm, located in the heart of Olhao one of the most promising locations in the Algarve. With an approved project and an implantation area of 2,536 sqm, this is a strategic opportunity to develop a high-end residential or tourist development. A perfect setting to create value: Feasibility for construction of a 5-storey residential building, with up to 80 apartments with balconies and parking Potential for aparthotel or luxury hotel unit Complementary infrastructures such as swimming pool, garden, barbecue and tennis court for a sophisticated and welcoming atmosphere Excellent Location: This land is located in a quiet and easily accessible area, close to the Municipal Stadium, Ria Shopping and the vibrant downtown area where you can enjoy a wide range of gastronomic, cultural and leisure activities. In addition, it is only 11 km from Faro Airport and next to the boarding points for the islands of Armona, Farol and Culatra. Highlights that make a difference: Stunning view over the Ria Formosa Privileged sun exposure Strong potential for enhancement and positive impact on the urban and economic development of the region This is the time to turn potential into reality. Whether to promote a residential condominium, a charming tourist project or a mixed solution this land represents a solid and differentiated investment in the Algarve's premium real estate market. Schedule your visit with Greice Homes and bring your next big project to life.