A large plot for villa construction near Tavira is available for €536,000, offering tremendous value for serious buyers looking to invest in Algarve's lucrative property market. This plot, located in Santa Catarina, spans over 12,211m² and includes an approved project for a villa and an additional linked guest house. The viable construction plan allows for a living space of 377m² and additional studios that could be submitted for approval, perfect for expanding investment potential in rural tourism. You are just 15 km from stunning beaches, enhancing the attractiveness for potential holiday renters or future buyers. The area is surrounded by the natural beauty of carob, fig, and olive trees, making it an idyllic location. With construction expected to start in 2024, seize this unique opportunity to create a personal oasis or a profitable rental property. Contact us today to find out more about this unique investment opportunity.
• Construction size 377m²
• Total urban footprint 529m²
• Plot size 12.211m²
• Approved project in place
• The price includes the plot and the approved project but not the construction of the building
• 15km to sea and beaches
• Sea views
The building permission is for a 2 en-suite bedroom villa with 377m² footprint. The basement would provide enough space for a garage for 4 cars, several storage rooms and two multimedia rooms. In addition to this, a guest house with 2 suites, with an area of just over 150m².
This project is viable for touristic usage in the form of country houses, with a biological pool and leisure area facing south with sea views. There is an additional plan for 4 x T0 studios in drawing in a plot of 444m² but these are not included in the approved architecture plan and should be submitted for approval if so desired.
With this additional area of construction, it makes this project an exciting opportunity for Rural Tourism in a picturesque location close to Santa Catarina da Fonte do Bispo.
The surrounding land consists of wide-open plains with carob, fig, almond and olive trees.
Price is for plot only, construction price is extra and costs depend on finishes desired. It is anticipated that all approvals will be in place for construction works to commence in 2024.
Please contact us to see the full plans and for a visit to the location.
Amenities
• License for borehole
• Licença de Especialidades in process
• Licença de Construção in process
• Possibility to connect to mains electricity and phone network
Location
• 2km to Santa Catarina da Fonte do Bispo
• 15km to Tavira
• 15km to sea and beaches
• 19km to golf
• 31km to Faro airport
