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Faro, Faro,

18.500.000 € Stand (ref: 105230126)

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45400m2
Plot Area
Gallery About General features Location and accessibility
  • Allotment Faro, Faro - 64829 - 7
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Allotment Faro, Faro - 64829 - 7
Allotment Faro, Faro - 64829 - 10
Allotment Faro, Faro - 64829 - 9
Allotment Faro, Faro - 64829 - 4
Allotment Faro, Faro - 64829 - 5
Allotment Faro, Faro - 64829 - 6
Allotment Faro, Faro - 64829 - 8

Faro, Faro, 18.500.000 €

Stand (ref: 105230126)

Contact
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About the property Discover the potential of this promising plot of land, located within the area covered by the Lejana Detailed Plan in Faro. With a precisely defined boundary on the implantation plan, it spans approximately 4 hectares, offering a multitude of possibilities for occupancy and use.

This plot complies with all the guidelines of the Lejana Detailed Plan and has been duly approved and published in the Diário da República. This ensures legal security and peace of mind for future developments in this privileged location.

It presents an excellent opportunity with 21 lots, including 17 designated for the construction of residential apartment blocks with 8 and 6 floors, and 3 lots that may be allocated for controlled-cost housing, totaling an impressive 568 units. The variety of sizes and configurations caters to different needs and preferences of potential residents.

In addition to the residential blocks, the land also includes one block designated for a tourism development. This building can be converted into residential housing, offering flexibility and adaptability for future owners. With approximately 2,623.23 m² of implantation area, 8 floors, and 130 units, this tourism development is an excellent investment opportunity.

The area covered by the Lejana Detailed Plan is strategically located and holds great potential for appreciation. The enhancement of Faro’s city entrances and the optimization of public space are key factors driving the attractiveness and development of the area. Read more
Máscarazul - Mediação Imobiliária Lda - AMI 8904
Allotment Faro, Faro - 64829 - 7
Allotment Faro, Faro - 64829 - 10
Allotment Faro, Faro - 64829 - 9
Allotment Faro, Faro - 64829 - 4
Allotment Faro, Faro - 64829 - 5
General features
General information
  • Reference 105230126
  • Goal Sale
  • Sale price 18.500.000 €
  • Region Algarve
  • District Faro
  • County Faro
  • Civil Parish Faro (Sé e São Pedro)
  • Area Faro
  • Gross Private Area 0m²
  • Gross Construction Area 0m²
  • Net area 0m²
  • Plot Area 45400m²
  • State N/A
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