Investing in property development in Benafim presents substantial potential returns, particularly with the approved project for three linked villas on a generous 1200m² plot. Each townhouse can be constructed to 175m², and the modern architectural design appeals to contemporary buyers looking for quality homes in the Algarve. The location's versatility for residential or rental purposes adds to its attractiveness, as nearby amenities and leisure activities ensure high demand. Properties in this area can yield a strong rental income, especially given the proximity to beautiful beaches and golf facilities, which are appealing to both tourists and residents. The market in Algarve continues to show growth, making now an opportune time to invest. With planning permission already in place, you can start your project quickly and efficiently. Don’t miss out on this chance to capitalise on a prime property development. Contact us for further insights into investment opportunities in this thriving region!
• Plot Size 1200m²
• Construction Area 600m²
• Project For 3 Townhouses with 175m² 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 24.3km
This large plot of 1200m² is located in the heart of Benafim, offering countryside views and peaceful surroundings with restaurants, cafes, pharmacy and supermarket on the doorstep. The land has been cleared and fully fenced. Water, domestic sewage, electricity, and telecommunications are available at the entrance of the plot.
The approved project consists of 3 townhouses each with a construction allowance of 175m² and all villas will have 3 bedrooms. The properties will have direct access to the main municipality road and a car porch near the entrance of each villa. The ground floor will be composed of an open plan kitchen and lounge area with access out to a back terrace with BBQ and “al fresco” eating area, 1 bedroom with en-suite bathroom and a W.C. The 1st floor will be composed of 2 bedrooms both with en-suite bathrooms and terraces. The gardens have enough space allowing installation of a plunge pool in the future. The design of the properties has modern lines of architecture and can be built to a high standard.
Land:
• Fully Fenced
• Cleared
Amenities
• Mains water, electricity, and sewage available
• Easy access
Location
• Distance to Nearest Town – 140 meters (Benafim)
• Distance to Sea – 16.6km
• Distance to Beach – 24.3km
• Distance to Nearest Golf – 22.5km
• Distance from Airport – 40.8km
• Distance to Nearest School – 700 meters
