Property description
We present an excellent investment opportunity: an urban plot of 9,108 sqm located in Olhão, with easy access to public transport, shops, and services. The land has an approved project for the construction of 150 apartments, distributed across 10 blocks of 5 floors each, including 146 2-bedroom apartments and 4 4-bedroom apartments. The infrastructure also includes 206 parking spaces and a shared swimming pool. The 2-bedroom apartments consist of an open-plan living and kitchen area, a pantry, one suite with a walk-in closet, an additional bedroom, and a bathroom. The 4-bedroom apartments feature an open-plan living area, a pantry, three suites with walk-in closets, an additional suite, and a bathroom. All apartments include balconies. On the rooftops, there are solar and photovoltaic panels, ensuring energy efficiency and sustainability. This project has great potential and is ideal for developers and builders seeking profitability and a strategic location.
Property details
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District
Faro
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City
Olhão
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Locality
Quelfes
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Reference
1108
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Property Type
Land
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Plot Area
9108 m2
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Living Area
2536 m2
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Total Area
3485 m2
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Price
8.900.000 €
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Construction Year
1965
Property Features
Facilities
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Beach: 6,1 Km
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Marina: 1,4 Km
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Airport: 11,3 Km
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Private Area: 2536 m2
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Gross Area: 3485 m2
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IMI Value: € 1740
