Building Plot in Faro – Development Opportunity

€790,000

Faro Ref: T2111
  • P Area 525m2 Land Area
  • energy Energy Certificate Exempt

Description

Plot of land located within the area covered by the Detailed Plan of Faro, with a plot designated for the construction of a multifamily residential building. The plot has an area of 525 m².It allows a building footprint of 315 m² and a total residential construction area of 2,205 m². The project envisions a building with 2 basement levels, 7 floors above ground, and a total of 28 residential units—ideal for a medium-scale residential development with high urban potential due to its strategic location. Situated in an expanding area of the city, this plot benefits from proximity to key services in the Algarve capital, with easy access to a main thoroughfare connecting in and out of the city, ensuring efficient mobility and increasing property value. Note: Reading this ad does not replace consultation with the relevant authorities. For more information, please contact us. remier Algarve Property

Features

  • Central location
  • Saltwater pool
  • Views: City view
  • Energetic certification: Exempt
  • Proximity: Shopping; City; Open field; Hospital; Pharmacy; Public Transport; Schools; Airport

Location

Please note that for security reasons the map reference provided does not reflect the precise location of this property.

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