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€ 1,950,000

Land Available in Vila Real de Santo António, Distrito de Faro

€ 1,950,000
200,000 m²

Description

The project has an approved architectural plan for a tourist development of about 1,990 m², including several luxury villas and a reception unit with services (boutique hotel, wellness and eco-luxury concept).

The project has already received a favourable opinion from the regional and environmental authorities (CCDR/APA), confirming that it is viable in terms of land use and environmental requirements. In addition, the City Council approved the architectural project (with conditions), reinforcing its coherence with local development guidelines.

A structured project with a strong leverage effect:
The investor benefits from an already validated base (concept, studies, implementation), while still maintaining the possibility of optimising the final project according to his strategy.

Current state:
The project is at an advanced stage with architectural approval and needs the classic stages of completion (technical projects, complementary administrative validations and infrastructural aspects) to obtain the definitive construction permit.

Main points:

-Premium location in the Algarve, in an area that is still undeveloped
-Eco-luxury positioning with strong demand
-Already advanced project (significant time savings)
-High value potential after obtaining the final license
-Several possible strategies: development, resale, tourism exploitation

Located close to Tavira, the beaches, the Monte Rei golf course and just 40 minutes from Faro airport, the project benefits from a strategic location that combines accessibility and tranquillity.

A rare opportunity for investors who want to position themselves in advance in a high-potential project in one of the most promising areas of Portugal.

Contact us to receive the complete dossier (plans, studies and projections).
Energy Rating: Exempt

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Details

External size:
200,000 m²
Size:
1,990 m²
Reference:
1423LM

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Position