Investing in a construction plot in Carvoeiro, such as this unique urban plot available for sale, presents significant potential returns. Located just 300 metres from the beach and surrounded by shops, this plot offers 304 square metres of prime real estate in a highly sought-after locale.
With planned developments allowing for multiple apartments and commercial spaces, investors have the opportunity to tap into the growing demand for housing in this picturesque Algarve village. The flexibility to build three residential apartments on three floors, complemented by ground-level shops, promises diverse revenue streams.
The expected rental yields for this area are noteworthy, as Carvoeiro attracts both long-term residents and seasonal tourists looking for holiday homes. Investing in well-placed properties like this one not only ensures steady cash flow but also long-term appreciation as the area continues to grow.
Additionally, the nearby amenities, including dining options and recreational activities, enhance the appeal of this project, making it attractive to prospective tenants. The plot's accessibility to local golf courses, just 2 km away, further adds to its desirability.
By securing this construction plot now, savvy investors can capitalize on the increasing demand for housing in Carvoeiro. This is an exceptional opportunity to diversify your investment portfolio in a picturesque setting.
Contact us today to learn more about potential returns from this promising investment!
• 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
