Land for sale in Algarve, Faro, Portugal

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Land for sale in Algarve, Faro, Portugal

Selling

Land for sale in Algarve, Faro, Portugal

970.000 €

(0)
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Sep 12, 2025

Algarve, Faro, Portugal

Description

Discover a prime investment opportunity with a collection of eight urban plots situated in a burgeoning area of Faro, Portugal. These strategically located development sites are perfect for constructing modern, multi-family residential buildings, each up to five stories high, offering between 10 and 45 apartments per lot. With gross construction areas ranging from 1,170 m² to 5,197.50 m², these plots provide versatility and substantial development potential. Designed to accommodate 1- to 3-bedroom apartments featuring balconies, dedicated parking, and communal amenities, these projects are tailored to meet the rising demand for quality housing in a vibrant market. Flexible purchasing options allow investors and developers to acquire individual plots, ranging in price from €970,000 to €4,500,000, aligning with various investment strategies. Located in a well-connected area with excellent road access, public transportation, and proximity to local shops, schools, and services, this opportunity benefits from a thriving local market with significant appreciation potential. An inviting prospect for those seeking to create contemporary residential communities in a dynamic urban setting. Energy rating exempt. #ref:3226M

Land

Data source: https://www.rightmove.co.uk/properties/166556198?currencyCode=GBP#/?channel=OVERSEAS

Overview

Property ID: 46186d01-f49d-46f2-b9e3-458870fa7a31

Type: Apartment, House

Property Type: Secondary

Floors: 1

Interior Condition: other

Architectural Style: modern

Flooring Materials: other

Amenities and features

Parking
Air Conditioning

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