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How can I invest in a property project in the Algarve region?

Plot in Querença

ref. VM2093
180.000€
  • NA
  • 1.200m2

Investing in a property project in the Algarve can start with the purchase of a large plot in Benafim, which comes with an approved project for three linked villas, priced at €180,000. This strategic investment is not only accessible but offers the potential for significant returns, especially given the increasing demand for properties in this stunning region. The project allows for the construction of three modern townhouses, each with a floor area of 175m², situated on a substantial 1200m² plot. Investors can benefit from the already prepared land, which includes mains utilities for water and electricity. Located just north of Boliqueime, this area is well-connected, providing easy access to beautiful beaches, golf courses, and Faro Airport. The project caters to buyers looking for spacious family homes or rental properties in a serene setting. Future residents will enjoy proximity to essential amenities while being surrounded by beautiful countryside views. The architectural design encourages modern living with thoughtful layouts. The potential for additional features, such as a garden or plunge pool, further enhances the investment appeal. Don’t let this opportunity slip by—contact us today for details about this promising property project!

Usage
Residential
Type
Plot
Town
Querença
Parish
Querença, Tôr e Benafim
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
1.200 m²
Countryside View
• Plot Size 1200m²
• Construction Area 600m²
• Project For 3 Townhouses with 175m² Each
• The price includes the plot and the approved project but not the construction of the building
• Mains Water and Drainage
• Close to Town and Amenities
• Easy Access
• Distance to Beach 24.3km

This large plot of 1200m² is located in the heart of Benafim, offering countryside views and peaceful surroundings with restaurants, cafes, pharmacy and supermarket on the doorstep. The land has been cleared and fully fenced. Water, domestic sewage, electricity, and telecommunications are available at the entrance of the plot.
The approved project consists of 3 townhouses each with a construction allowance of 175m² and all villas will have 3 bedrooms. The properties will have direct access to the main municipality road and a car porch near the entrance of each villa. The ground floor will be composed of an open plan kitchen and lounge area with access out to a back terrace with BBQ and “al fresco” eating area, 1 bedroom with en-suite bathroom and a W.C. The 1st floor will be composed of 2 bedrooms both with en-suite bathrooms and terraces. The gardens have enough space allowing installation of a plunge pool in the future. The design of the properties has modern lines of architecture and can be built to a high standard.

Land:
• Fully Fenced
• Cleared

Amenities

• Mains water, electricity, and sewage available
• Easy access

Location

• Distance to Nearest Town – 140 meters (Benafim)
• Distance to Sea – 16.6km
• Distance to Beach – 24.3km
• Distance to Nearest Golf – 22.5km
• Distance from Airport – 40.8km
• Distance to Nearest School – 700 meters
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