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9

Development Land in Urbanizacao Monte Canelas, Portimão, Distrito de Faro

€ 5,000,000
121,982 m²

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Description

Piece of land with a total of 12 hectares very well located close to the centre of Portimao and only 9 minutes away (driving time) from the Autodromo Internacional do Algarve (Algarve Motorsports Park). The property has an approved Project for an aparthotel with a total of 20,000 sqm of buildable area and 187 units (88 1-bedroom apartments, 77 2-bed and 22 3-bed). This will be an amenity-rich resort comprising 1 restaurant, 1 bar, meeting rooms, SPA, 6 outdoor swimming pools and a playground.
Energy Rating: Exempt

Details

External size
121,982 m²
Size
20,000 m²
Address
Urbanizacao Monte Canelas
Reference
74640

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