Land in Silves

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Land in Silves

175

€ 1,100,000 For Sale

7006
Silves, Faro
Silves

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Description

Excellent asset for housing construction!

Strategic location: The land is located in the centre of Tunis, with proximity to the train station and easy access to the motorway to Faro, Albufeira and Lisbon.
This strategic location can attract investors or individuals interested in easy mobility.

Housing expansion area: The fact that it is in a housing expansion zone suggests potential for real estate development. This can be attractive to builders or investors who want to participate in the region's growth.

Considerable plot size: With 5920 m2, the plot offers a considerable area for development. This can allow for the creation of an ambitious project, such as the construction of a three-story building, which can significantly increase the value of the investment.

Nearby infrastructure: Proximity to all necessary infrastructure, such as water, electricity, and sewage networks, can facilitate and reduce the costs of the construction process. This is crucial for minimising expenses and making development more efficient.

Lower cost compared to neighbouring cities: The mention of lower costs compared to cities like Albufeira can be a significant advantage. This can attract investors who are looking for more affordable opportunities in a growing region.

Variety of crops on the ground: The presence of crops such as bird's-eyed, olive, and carob trees can add aesthetic value to the project, as well as provide opportunities for farming or landscaping activities.

Potential for construction and renovation: The existence of a dilapidated villa with the possibility of constructing a three-storey building offers flexibility to the buyer. One can choose to renovate the existing structure or start a new construction project, depending on the goals and requirements.

Excellent business opportunity.
Energy Rating: Exempt
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Property Info

  • Property Type Undefined
  • Sale or Rent For Sale
  • Price € 1,100,000
  • Year Built -
  • District Faro
  • Municipality Silves
  • Bedrooms -
  • Bathrooms -
  • Loft No
  • Garage No
  • Plot Area 5920 m2
  • Habitable Area 128 m2
  • Energy Rating N/A

Amenities

  • close to shops

Points of Interest

    This property has no Points of Interest defined.
Algarve Dream Property
Real Estate Agent AMI: 9973
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Expats Portugal