The investment potential of this urban land near Carvoeiro beach is exceptional, especially given its strategic location just 300m from the shoreline. This unique plot of 304m² is suitable for residential development, allowing you to build apartments that likely cater to the strong rental demand in the Algarve area. Investors can expect significant returns since Carvoeiro is a magnet for both tourists and local buyers looking for holiday homes. The ability to construct a three-floor building, including retail spaces on the ground floor, further enhances its value and appeal. Being within walking distance to the beach, shops, and restaurants ensures that future residents will enjoy a convenient and vibrant lifestyle. The area's reputation for stunning coastal views and rich local culture adds further desirability to any constructed units, boosting potential rental income. With nearby golf facilities and easy airport access, the land offers good prospects for long-term appreciation as property developments continue to increase in the region. This is a perfect opportunity for investors seeking lucrative property ventures. To discuss this investment further, reach out to us today!
• 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
