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What is the cost of investing in land for three townhouses in the Algarve?

Plot in Querença

ref. VM2093
168.305CHF
  • NA
  • 1.200m2

The cost for investing in this prime land in the Algarve, suitable for constructing three townhouses, is €180,000. This price includes the large, well-equipped plot and the already approved architectural project but excludes any construction costs. Buyers will benefit from a well-planned area that is easily accessible and encompasses modern lines of architecture, perfect for those looking to build elegant homes for residential living or lucrative rental investments.

Usage
Residential
Type
Plot
Town
Querença
Parish
Querença, Tôr e Benafim
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
1.200 m²
Countryside View
• 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
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