Investing in plots close to Carvoeiro beach offers remarkable opportunities to capitalise on both residential and commercial rental markets. This particular urban plot, located just 300 metres from the coastline, spans 304m² and holds significant potential for development. The area's popularity as a holiday destination means that properties near the beach are highly sought after, ensuring strong rental yields. The proposed plan for this plot includes the construction of three floors with residential apartments and commercial shops, giving investors a unique blend of property types to generate income. With the demand for holiday rentals soaring, buyers can expect strong interest in the proposed one-bedroom and two-bedroom apartments, each fitted with lift access to enhance appeal. Additionally, the ground-level shops offer a chance to serve the local community and tourists alike, ensuring a constant footfall and engagement with the rental market. The location is also close to amenities and services, including restaurants and golf courses, making it an attractive option for residents. Owning property in this sought-after area not only provides an excellent lifestyle but also a sound financial investment. Contact us for more details about this outstanding investment opportunity!
• Unique plot of land at the entrance of Carvoeiro
• A superb location with great investment potential
• This urban plot with an area of 304m²
• Price is for plot only, no construction costs included
• Distance from Beach 300m
There is a possibility of building a block of apartments with 3 floors; shops on the ground level and a garage.
3 x one-bedroom apartments; 3 x two-bedroom apartments - all with elevator access. The ground floor level may have 3 commercial shops. The garage will have 10 parking spaces.
The charming village of Carvoeiro is at your doorstep and is walking distance tot the beach and all the amenities.
Perfect project for investment purposes.
Amenities
• Public Water Network
• Mains Electricity
• Parking