Urban Plot in Olhão

Urban plot with high development potential, located in Olhão, in a quiet residential area with excellent access and close proximity to all types of commerce, services, and essential facilities.The property currently includes an industrial warehouse with a former bakery, totaling 2,536 m2 of built area set within a total land area of 9,108 m2, classified as urban space in the structural category.The property stands out for its strategic location, close to landmarks such as the Olhão Municipal Stadium, Algarve Outlet, the city marina, and just 15 minutes from Faro International Airport.Sold with an approved project, currently in the stage of approval at Olhão City Council, it includes the construction of:- 146 two-bedroom apartments;- 4 four-bedroom villas.An ideal solution for developers and investors looking to create a modern residential development with strong demand and excellent potential returns.Approximate distances:- 200 m from the school;- 600 m from pharmacy, supermarkets, and shopping centre;- 1 km from the city centre;- 1 km from the beach;- 2 km from the campsite;- 8 km from the hospital;- 15 km from Faro Airport;- 30 km from golf courses.A rare investment opportunity in one of the fastest-growing areas of the Algarve.For more information, please contact us.