Land in Silves

€ 850,000 For Sale

124663

Silves, Faro

Armação de Pêra

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Description

Great Investment Opportunity
Land for Sale in Armação de Pêra, Algarve, Portugal
Two Properties Totalling 4,333m²
Discover the potential of these exceptional plots in Armação de Pêra, just 800 metres from the stunning Praia dos Pescadores. This unique opportunity combines proximity to the sea with the tranquillity of nature, offering a prime location for developing lucrative projects.

Property Details:
Total Area: 4,333m²
Urban Land: 2,213m²
Rustic Land in Urban Area: 2,120m²
Perfectly positioned for various types of development, this versatile property opens doors to creativity and innovation.

We present a preliminary plan suggesting the construction of 2 detached villas with private pools and 8 charming semi-detached houses with a shared pool. However, the work of a competent architect could present other alternatives for utilising the space.

Features and Development Potential:
2 Detached Villas: Space for the construction of independent residences, perfect for those seeking privacy and comfort.
8 Semi-Detached Houses: Ideal for tourism projects or collective housing, providing a welcoming and community-oriented environment.
Basements in all Villas: As long as the basements do not exceed 2.25m in height, they will not count as construction area, allowing the homes to gain space in other rooms.
Location Advantages:
Proximity to the Beach: Just 800 metres from the famous Praia dos Pescadores, offering easy access to the wonders of the Algarve coast.
Nature and Tranquillity: Combines the best of modern living with the serenity of a natural environment.
Supermarket: These two plots are 50 metres from the Pingo Doce supermarket and 150 metres from the central pharmacy.
Investment Opportunity: A constantly growing location, perfect for visionary investors.
Feasibility Study: Before seeking an investor for these two plots, we conducted a feasibility study and found encouraging profit margins.
Are you an investor looking to seize this opportunity in one of the most sought-after regions of the Algarve? Then come visit and discover the potential to transform this land into your next major project.

Schedule Your Visit Today!
#ref: 124663

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