Carvoeiro presents a lucrative investment opportunity for those looking to build residential apartments. This unique urban plot, positioned just 300m from the beach, has plans for a multi-storey development, potentially comprising three floors of residential units, alongside commercial shops on the ground floor. With an area of 304m², the potential for return on investment is considerable. The local demand for rental properties is high, driven by tourists and residents who desire easy beach access and proximity to local amenities. The plot is conveniently located near golf courses and shopping facilities, making it an attractive prospect for future buyers and renters. Investing here means tapping into the flourishing Algarve real estate market, known for its consistent appreciation in value. This locality's charm further enhances the appeal, offering both a wonderful lifestyle and rental income potential. Don’t miss out on this opportunity to develop in a prime location – contact us to learn more about the possibilities!
• 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
