Investing in this residential plot in the Algarve is straightforward and rewarding, especially at the cost of €395,000 for a site with an approved project for two villas. Located just 12.5 km from the beach and within walking distance to the Mar shopping centre, this prime location is perfect for those looking to enjoy both the vibrant local culture and the serene beauty of nature. With a generous plot size of 1347m² and a project that supports the construction of two semi-detached villas, each 242.98m², potential buyers can expect an excellent return on investment. The area boasts easy access to key amenities, including schools and golf courses, which enhances its appeal. Without a doubt, this plot offers lucrative investment potential for residential development in a hot market. Investors will appreciate the flexibility to alter the project to create a larger single villa if desired. This plot isn’t just a purchase; it’s a chance to own a piece of paradise. Explore this opportunity today—contact us to learn more!
• Plot Size 1347m²
• Project for 2 villas 242,98m² 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 12,5km
• Sold with full PIP
This plot is located walking distance from Mar shopping centre, offering fantastic views across the countryside of the Algarve and with peaceful surroundings.
The pre-approved project is for 2 semi-detached villas each with 242,98m², however with an alteration, there is an opportunity for the project to be sold as one larger detached villa (485,96m² total construction plus 131,44m² basement). There is also an opportunity to buy this as a turn key finished property for €1,100,000.
There will be on the ground floor, 2 en-suite bedrooms, living / dining room, kitchen, WC and a large terrace. On the 1st floor there will be 2 en-suite bedrooms and a large terrace. Both villas will have pool, basement and a driveway with parking.
Amenities
• Mains water, electricity and sewage
• Easy access
Location
• Distance to Sea – 8,6km
• Distance to Beach – 12,5km
• Distance to Nearest Golf – 15,4km
• Distance from Airport – 13,2km
• Distance to Nearest School – 9,1km
• Distance to Nearest Amenities – 1,4km (Mar Shopping Centre)
