£7,702,092
Land for sale
Property photos
£7,702,092
€8,900,000
Land for sale
Olhão, Olhão, Algarve, 8700Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
- Land
- Town/City
- 98038 Approx Sq ft
Urban plot of 9,108 m² | Residential development (150 units) in the final stage of approval | Swimming pool | Olhão
Opportunity for developers and investors: Urban land with 9,108 m², intended for residential development, located in a growing area of Olhão, with good access and close to shops and services.
A development project with 10 blocks (A–J) is currently underway, featuring a communal swimming pool and outdoor areas, designed to meet current market demand. According to the project, it provides for the construction of 150 residential units, comprising 146 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4).
Project/Land highlights:
Total land area: 9,108 m²
Gross construction area: 23,582.85 m²
Building footprint: 3,886.00 m²
Basement area: 8,383.30 m²
Pool area: 356 m²
Surrounding infrastructure available (water, electricity, sewage and access roads).
Layout includes green areas and internal circulation, designed for functionality and to enhance the overall value of the development (as per plans).
An ideal project for those looking for a large-scale asset with strong appreciation potential and solid market absorption (owner-occupiers and/or investment).
The land is sold with the project approved.
Location:
Olhão is a traditional and distinctive fishing town in the central Algarve, renowned for the excellent quality of its fish and seafood, as well as the unique, paradise-like islands visible from this beautiful town.
Olhão is 20 minutes from Faro Airport and about 3 hours from Lisbon, and 50 minutes from the Alentejo coastline.
Ref.: TE226NS
Floor plans and tours
Floor plans (3)
3 floor plans available
View the floor plans to understand the space and layout of this property.
Tours (2)
2 virtual tours available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Cluttons - Overseas
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Cluttons - Overseas. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cluttons - Overseas for full details and further information.