This Carvoeiro plot represents a fantastic opportunity for savvy investors looking to leverage the booming Algarve property market. Situated just 300 metres from the beach, it's in a location that promises high demand for properties, particularly rentals, due to its appeal to tourists and locals. The 304m² site is designated for residential purposes with the potential for constructing a three-storey building that includes various apartments and retail spaces, maximising both living space and rental income. Each proposed apartment comes with elevator access, appealing to a diverse range of buyers and renters, from young families to retirees. The availability of three one-bedroom and three two-bedroom apartments combined with commercial shops on the ground floor offers a complete package for anyone looking to invest in a vibrant community. Investors will find this project particularly attractive because of the significant tourist footfall in the area, ensuring a consistent stream of rental income. The charm of Carvoeiro, with its restaurants and shops just footsteps away, enhances the site's desirability further. With the area developing rapidly, now is the ideal time to invest in this unique urban plot. Reach out today to learn how you can secure this extraordinary investment opportunity.
• 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
