£7,783,809
€8,900,000
Land for saleQuelfes, Olhão, Faro
About this property
Reference: Pj/CF01367
Total area: 6572m2
Useful area: 2536m2
Plot area: 9108m2
Unique Investment Opportunity in Olhão, Algarve
Plot of land with a total area of 9,108 m², located in Quelfes, Olhão, an area experiencing strong growth and high housing demand. The property benefits from an approved project for the construction of 150 residential units, carefully designed to meet current market needs.
The development includes 142 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4), highly sought-after and versatile unit types, ideal for both permanent residence and investment in the rental market. Its strategic location ensures excellent accessibility, close proximity to shops, services, and main road connections, while also offering the quality of life for which the Eastern Algarve is renowned.
A solid opportunity with strong value appreciation potential, ideal for developers and investors seeking a fully approved, ready-to-proceed project in one of the Algarve's most promising areas.
Energy Rating: Exempt
#ref:pj/CF01367
Surroundings
Green areas
Areas
Land Area: 9108
Gross Area: 6572
Net Area: 2536
Plot of land with a total area of 9,108 m², located in Quelfes, Olhão, an area experiencing strong growth and high housing demand. The property benefits from an approved project for the construction of 150 residential units, carefully designed to meet current market needs.
The development includes 142 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4), highly sought-after and versatile unit types, ideal for both permanent residence and investment in the rental market. Its strategic location ensures excellent accessibility, close proximity to shops, services, and main road connections, while also offering the quality of life for which the Eastern Algarve is renowned.
A solid opportunity with strong value appreciation potential, ideal for developers and investors seeking a fully approved, ready-to-proceed project in one of the Algarve's most promising areas.
Energy Rating: Exempt
#ref:pj/CF01367
Surroundings
Green areas
Areas
Land Area: 9108
Gross Area: 6572
Net Area: 2536
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