Urban Plot with Approved Project for Residential Complex – Olhão

Olhão, Faro, 8700-248

  • Bedrooms : 0
  • Bathrooms : 0
  • Floor Size : 2,536 m²
  • Visits : 3
GBP 7,672,414
Features
Furnished
Location
Country : Portugal
Region : Faro
City : Olhão
Postcode : 8700-248
Additional Info
Condition : Not Applicable
Elevator : No
Assisted Living : No
Swimming Pool : No
Garages : 1
Off Road Parking : 1
Property Description

We present an excellent investment opportunity: an urban plot of 9,108 sqm located in Olhão, with easy access to public transport, shops, and services. The land has an approved project for the construction of 150 apartments, distributed across 10 blocks of 5 floors each, including 146 2-bedroom apartments and 4 4-bedroom apartments. The infrastructure also includes 206 parking spaces and a shared swimming pool. The 2-bedroom apartments consist of an open-plan living and kitchen area, a pantry, one suite with a walk-in closet, an additional bedroom, and a bathroom. The 4-bedroom apartments feature an open-plan living area, a pantry, three suites with walk-in closets, an additional suite, and a bathroom. All apartments include balconies. On the rooftops, there are solar and photovoltaic panels, ensuring energy efficiency and sustainability. This project has great potential and is ideal for developers and builders seeking profitability and a strategic location.

Basic Details
Property Type : Land
Listing ID : 1108
Price : GBP 7,672,414
Bedrooms : 0
Bathrooms : 0
Floor Size : 2,536 m²
Plot Size : 9,108 m²
Agent Info
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