Discover a prime investment opportunity in Vilamoura with this conveniently located urban land parcel, featuring an approved development plan for a modern restaurant. Situated on Vilamoura's main avenue—a bustling thoroughfare renowned for its high foot and vehicle traffic—this site offers exceptional visibility in one of the Algarve's most prestigious tourist destinations. Spanning 1,281 square meters, the property is cleared for a multi-level hospitality establishment, including a ground floor, upper floors, a rooftop terrace with potential, and a basement for storage, all with an approved architectural blueprint. The parcel also benefits from private parking facilities, a significant asset in the heart of Vilamoura’s vibrant central district. With its strategic location, this site promises heightened exposure and accessibility for upscale dining or service ventures, making it an attractive prospect for investors seeking a turnkey project in a highly sought-after region. Take advantage of this unique chance to develop a high-end hospitality venue in one of the Algarve’s most desirable destinations.
Land
Data source: https://www.rightmove.co.uk/properties/163331177?currencyCode=GBP#/?channel=OVERSEAS
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