This plot near Praia da Falesia represents a fantastic investment opportunity, listed at €550,000. Covering an expansive 4618m2 and already possessing an approved project for building one or two linked villas with a pool, this site is poised for those serious about real estate development in the vibrant Algarve region. Located just 10.1 km from the beach, it provides an excellent balance of peaceful countryside living with access to beautiful sandy shores and regional attractions.
The potential to create timely construction on a gross build area of 450m2 across three floors greatly accommodates the need for modern homes that cater to the growing market for holiday rentals. The allure of Praia da Falesia as a tourist hotspot guarantees continued demand, enhancing the likelihood of a solid return on investment in the long term. Moreover, with Boliqueime only 2 km away, residents can easily enjoy local shops, restaurants, and cultural experiences.
The nearby Millennium golf course, located approximately 6.6 km from the plot, is a major draw for golf enthusiasts, further enhancing the appeal for vacation homes that can be marketed to tourists seeking a golf retreat. Additionally, the region's amenities, combined with the tranquil countryside views and fruit trees on the plot, make this site not only beautiful but also practical for development.
Moreover, the existing mains utilities simplify the construction process, offering a quick pathway towards your development goals. Make this plot your next investment. Contact us now to discuss how to take advantage of this outstanding opportunity.
• Total Plot Area - 4618m2
• Gross Build Area - 450m2
• To nearest Beach - 10.1km
This property would have a gross construction area of up to 450m2 on 3 floors. With a pool and walls surrounding the house, it fits in with a backdrop of a beautiful country setting.
The plot is very close to all amenities and activities and beaches within 10 km.
Amenities
Good road access
Swimming pool and terrace
Countryside views
Location
• 10.1 km from the Beach ( Praia da Falesia )
• 2 km to Boliqueime
• 6.6 km to nearest golf course ( Millennium )
• 3.2 km to nearest school
• 27.4 km to Faro Airport.
