An exceptional investment opportunity awaits in the scenic town of Olhão with this expansive 34,640 m² plot of land, complemented by an adjoining 1,000 m² of designated urban space. This versatile property features a traditional ruin of approximately 341.20 m² and boasts stunning panoramic views of the coastline and surrounding countryside. Ideally positioned just 15 minutes from pristine beaches, Faro International Airport, and the vibrant local amenities, this estate offers unparalleled potential for visionary development—be it a luxury eco-resort, a boutique tourist complex, or an exclusive residential enclave. The property benefits from easy access via a pre-existing road, south-facing orientation for optimal natural light, and proximity to the Ria Formosa Natural Park, renowned for its ecological significance and leisure appeal. Its strategic location ensures seamless connection to major routes such as the EN 125 and A22 highway, only 11 km from Faro city center. Surrounded by renowned golf courses, picturesque beaches, and vibrant cultural attractions, this land presents a rare opportunity for discerning investors seeking to capitalize on the thriving Algarve property market. For further details or to explore development options, contact us today. Price available upon request.

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Data source: https://www.rightmove.co.uk/properties/166744280?currencyCode=GBP#/?channel=OVERSEAS