Buy 300.000 €
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Buy Building Plot Urban Almancil

Ref.: 381250048
Building Plot, Almancil, Faro
Simplefy Credit Estimate: 1.104,91€/month
Land Area (m2):221
Gross Cosntruction Area (m2):621
Implantation Area (m2):211
Construction Feasibility:Yes
Price m2/Land Area:1.357 €
Simplefy Credit Estimate: 1.104,91€/month

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Description

We present you with an excellent investment opportunity in the heart of Almancil, one of the Algarve's most dynamic and valued locations, just a few minutes from Quinta do Lago, Vale do Lobo and the region's most prestigious beaches. Privileged location Located right in the urban center of Almancil, this plot benefits from a surrounding area full of shops, services, schools, pharmacies and quick access to the main roads (EN125 and A22). It's an area with high demand for both permanent housing and short and long-term rentals, boosted by its proximity to luxury resorts and Faro airport (just 15 minutes away). CHARACTERISTICS OF THE PLOT: Total Land Area: 221 m² Permitted Deployment Area: 221 m² Gross Construction Area: 621 m² Number of Floors Permitted: 3 Number of Fires: 6 (4 residential units + 2 commercial units on the first floor) High Potential for Profitability This plot represents an excellent opportunity for real estate developers. The possibility of building 4 residential apartments and 2 commercial stores in a central location with high demand guarantees a very attractive return on investment. The sale of the units could be targeted at both end buyers and investors looking for guaranteed rental income. With the continuous growth in demand for real estate in Almancil - both due to its strategic location and the shortage of new supply in the urban center - this project has the potential for immediate appreciation and high liquidity in the market. Don't miss out on this excellent opportunity!
Exempted from the SCE under DL No 101-D/2020 of December 7.

Location

Home Loan Simulator

Stats

1230
Searches
70
Views
Preço de compra
This property
300.000€ / 1.357€ m2
ERA FaroT. Guerreiro Mediação Imobiliária Unipessoal, Lda | AMI: 8138
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