Description
MPNL5009 - Approved subdivision project in Portimao, Algarve, with four residential and commercial plots in a consolidated area, within walking distance of the beach and the city centre. The 2.5 ha site offers opportunities for residential and commercial building construction, with excellent access and a diverse expatriate community. The residential market is on the rise, with a 26% increase in sales in 2021, while total investment in Portugal reached €569 million in the first half of the same year.
Highlights
Allotment project approved and in force
Four plots for residential development with commercial units
Total land area: 2.5 ha
Consolidated residential area
Walking distance to the beach
Excellent proximity to the city centre
Residential construction area: 56,000 m²
Commercial construction area: 8,890 m² on the ground floor
2 floors below ground for parking
The Algarve stands out for its climate, leisure, community and affordable cost of living, offering a healthy and safe lifestyle.
Energy Rating: Exempt
