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Sale

Land with Approved Project for 46 Apartments | Investment Opportunity in the Algarve

Quarteira, Loulé, Faro

Price5,940,000 €

-0.7%5,980,000 €

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Specifications

5006.75 m²
Area
Urban land
Type
0279_26
Reference
8527 m²
Gross area

About the property

Urban plot with approved project for the construction of a residential building comprising 46 apartments, located in Quarteira, just 300 metres from the beach, with excellent access and a well-established urban setting.

Development designed to meet the high demand for contemporary housing, whether for permanent residence, second home, or investment purposes.

The project foresees a building with 2 blocks and 6 floors, comprising 7 one-bedroom apartments, 32 two-bedroom apartments, and 7 three-bedroom apartments, offering a balanced mix of family-oriented typologies and investment units.

The development includes 74 private underground parking spaces (including spaces adapted for reduced mobility), 8 public parking spaces, as well as storage rooms and a condominium room.

With a Gross Construction Area of 8,527 sqm, this asset positions itself as a premium investment opportunity in the region.

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Location

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Quarteira, Loulé, FaroProperty location

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