£3,978,898

Land for sale

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Just added

£3,978,898

€4,600,000 (€123/sq. ft)

Land for sale

Street Name Upon Request, Olhão, Pt

37,512 sq. ft

Local area information

Property location

Nearby amenities

Features and description

Greice Homes presents an exclusive urban plot with 9,108 sqm, located in the heart of Olhão one of the most promising locations in the Algarve. With an approved project and an implantation area of 2,536 sqm, this is a strategic opportunity to develop a high-end residential or tourist development.

A perfect setting to create value:

Feasibility for construction of a 5-storey residential building, with up to 80 apartments with balconies and parking

Potential for aparthotel or luxury hotel unit

Complementary infrastructures such as swimming pool, garden, barbecue and tennis court for a sophisticated and welcoming atmosphere

Excellent Location: This land is located in a quiet and easily accessible area, close to the Municipal Stadium, Ria Shopping and the vibrant downtown area where you can enjoy a wide range of gastronomic, cultural and leisure activities. In addition, it is only 11 km from Faro Airport and next to the boarding points for the islands of Armona, Farol and Culatra.

Highlights that make a difference:

Stunning view over the Ria Formosa

Privileged sun exposure

Strong potential for enhancement and positive impact on the urban and economic development of the region

This is the time to turn potential into reality. Whether to promote a residential condominium, a charming tourist project or a mixed solution this land represents a solid and differentiated investment in the Algarve's premium real estate market.

Schedule your visit with Greice Homes and bring your next big project to life.

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Property descriptions and related information displayed on this page are marketing materials provided by - Properstar. 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 Properstar for full details and further information.

  1. Zoopla
  2. Overseas
  3. Portugal
  4. Algarve
  5. East Algarve
  6. Faro
  7. Faro (Sé e São Pedro)