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House Faro (Portugal)by portugal sotheby’s international realty

HouseFaro (Portugal)
Price :
$3,134,800
land0.6 ha

A unique and exclusive plot of land, located in the urbanisation of Quinta das Raposeiras in Santa Bárbara de Nexe, this lot offers an unmissable opportunity for investment in high-end residential or hotel projects. Plot Characteristics -Plot Area: Approximately m². -Maximum Building Area: m². -Implantation Area: m². -Permitted Use: Hotel, apart-hotel, or residential establishment. -Maximum Number of Units/Occupancies: 3. -Floors: 2 floors above ground + basement. -Building Height: 8 metres for hotel establishments and/or 6.5 metres for collective housing and single-family residences. -Ground Level Elevation: 257.30 metres. -Maximum Number of Parking Spaces: 240. -Plot Characteristics: Sloping terrain with a magnificent open sea view. Additional Advantages -Approved Subdivision Project: The project has already been approved by the municipal council, facilitating the development process. -Excellent Accessibility: Only 25 minutes from Faro Airport and the beaches. -Prime Location: Situated in the parish of Santa Bárbara de Nexe, a few kilometres north of the A22 motorway, between Faro and Loulé. -Panoramic Views: From the surrounding hills, there are exceptional views over the Barrocal plain, between Faro and Olhão, the Ria Formosa, and the Atlantic Ocean. -Attractive for Foreigners: Due to its excellent location and good rail connections, this area has become a prime choice for foreign residents. This plot offers a rare combination of a prime location, stunning views, and significant development potential. Ideal for investors and developers seeking an exclusive location for creating a luxury residential or tourist development. Do not miss this unique investment opportunity in the heart of the Algarve.

Advertiser reference : 7YQBZ6Le Figaro Properties reference : 71235202

In detail

House Faro (Portugal)

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Vilamoura Office

portugal sotheby’s international realty
Algarve, Vilamoura, Quinta Lago, Vale lobo Av Marina, Vila Lusa, Loja 58125-401 Quarteira (Portugal) All the listings of this agency

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