€15.000.000
Confirmation
Property in Algarve, Block for Development in Villa Real Stº Antonio
Faro District, Portugal
Land
#16504
Value-Add, Opportunistic
1 Dec 2024
Property Details
Authorized representative
For sale
12,500 m²
Freehold
Hospitality
36,500 m²
Housing and industrial use, with hotel or other equipment, commerce and services also allowed (6 and 8 floors).
The maximum gross build-ability area above ground fixed at 36.500 m2.
Fees
Investment Overview
Property in Algarve, block for development. One block consisting in 12,000 m2 (1.2Ha), situated in the urban and industrial area of Vila Real de Stº António, in Algarve. Allowed housing and industrial use, with Hotel or other equipment, Commerce and Services. The heights oscillate between 6 and 8 floors. An independent Plot, with a rectangular shape, facing four different streets, with more then 120 meters front to main Avenue of the City, with views to Spain bordes, to the Guadiana River, the docks and to the marina, which is about 100 meters walking distance. 55 km from Faro International Airport, 290km from Lisbon, 150km from Seville and 650km from Madrid.
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