Terreno com ruina for Sale (Off Market)
Vila Do Bispo, Faro, Portugal
Property Type : Residential Lot
Property Style : N/A
Build Size : 64,583 ft² / 6,000 m²
Land Size : 156,722 ft² / 14,560 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: 106170017
Property Description
This excellent plot of land, situated in a prime seaside location, spans approximately one and a half hectares. It boasts an incredible ocean view and is positioned right at the forefront, just a short walk away from the beautiful and charismatic Salema beach in the western Algarve. The property has an allotment project plan approved for 41 single family homes, encompassing the following configurations: 21 V2 houses, 16 V3 houses, and 4 V4 houses. Throughout the design of this project, the unique characteristics of the locale have been taken into account, aiming to create a development of elevated standards in both conceptual quality and harmony with the terrain and surrounding landscape. In the approved plan for the 41 attached single-family homes, the construction index is 0.4%. However, if there is an intention to develop a tourist-oriented project, this index could increase to 0.5%. This location possesses unparalleled features, notably its frontline position facing the sea and its southern orientation, thus benefiting from excellent sun exposure. It presents the ideal investment opportunity, combining profitability and security, situated at the forefront of the expansion of this area, which is experiencing substantial growth in demand from both tourists and investors. The land's characteristics and its location ensure complete privacy while simultaneously providing proximity and convenient access to all existing infrastructure and amenities in the region. It is approximately a 15-minute drive from Lagos and the highway, and about an hour from Faro Airport. Additionally, it is close to Aljezur and its splendid beaches, the Costa Vicentina, and the Alentejo Natural Park.
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Terreno com ruina for Sale, Portugal,Faro,Vila Do Bispo is a 64,583ft² Vila Do Bispo luxury Residential Lot listed for sale 3,950,000 EUR. This high end Vila Do Bispo Residential Lot is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Vila Do Bispo or search for luxury properties for sale in Vila Do Bispo.