The plot with planning permission for two villas in Faro is listed at the attractive price of €395,000, which includes the plot and an approved project. This prime piece of land allows the construction of two semi-detached villas, each occupying an area of 242.98m², and is situated near essential amenities, ensuring convenience for future residents. Perfect for buyers seeking a property investment in the Algarve, this plot offers stunning countryside views and is just a short drive from beautiful beaches. With mains water, drainage, and easy access, the site is ready for immediate development. Alternatively, there is potential to alter the project to create a single luxurious villa with additional living space. Given the site's proximity to the Mar shopping centre and established golf courses, this property promises significant appreciation potential. Seize this opportunity to invest in one of Portugal's fastest-growing regions with immense rental potential. Reach out to us to learn more about this opportunity and secure your investment today!
• 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)
