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Algarve, Porches, Portugal

€1,695,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

575,223 sq ft

53,440 sq m

Description

Tourism project with approved viability in the heart of the Algarve, 3 km from the magnificent beaches of the Algarve coast.
This 53,440 m2 plot is a rarity given the viability of building a tourism project.

This project allows you to build 2,000 m2 and a swimming pool.
This is undoubtedly a superb opportunity to develop a tourism or real estate project in a quiet, natural area close to the sea and the town of Armação de Pera.

The configuration of the plot is perfect for a quality project.
The land is surrounded by nature and trees.

Road access is excellent and infrastructure (water and electricity) is close by, so you don't have to spend a lot of money on servicing the project.

In a quick example of the project's configuration, a 1-bedroom flat represents a gross construction area of 62m2. The 2,000 m2 would therefore allow for the construction of 31 one-bedroom flats with bathrooms, open-plan kitchens and living rooms.
An additional 100 m2 is reserved for the reception area, lobby and communal WC.
Exterior balconies are not included in the 2,000 m2 of building space, which means that each flat has a beautiful outdoor space.

There are currently very few projects with approved viability in this region.
Land protection (agricultural reserve and ecological reserve) severely limits the development of tourism projects in rural areas.

The viability confirmed by the mayor, with of course official validation of the owner's request, does not yet constitute a detailed architectural project.
This project is necessary and therefore allows the future owner to develop the project according to his needs and the direction he wishes to give to the project.

Given the size of the plot, 53,440 m2, it will be very easy to provide parking spaces.
The development will logically be located on the upper part of the plot, so as to preserve a beautiful view over the Algarvian countryside.

If required, we can support you throughout the project development process.
We work with local lawyers, an architectural firm, an engineering firm and we also collaborate with local builders who have a long experience of building in the Algarve.

If you're looking for a tourism project in the Algarve, this is one to seriously consider.

I share business with all my colleagues who have an AMI licence.
The split is always 50/50.
If you are an estate agent and you have a client who might be interested in this project, don't hesitate to contact me.

About Armação de Pera :
Armação de Pêra is a charming seaside resort in the Algarve region of southern Portugal. Nestling between Albufeira and Portimão, this small town offers an ideal combination of spectacular beaches, picturesque coastal scenery and a relaxed atmosphere.

The beaches are undoubtedly one of Armação de Pêra's main attractions. The main beach stretches over several kilometres of golden sand, offering plenty of space for swimmers, water sports enthusiasts and those simply looking for a place to relax in the sun. The crystal-clear waters invite you to swim and snorkel, offering stunning views of the local marine life.

Off the beach, Armação de Pêra offers a lively promenade lined with bars, restaurants and shops. The Algarve as a whole is renowned for its sunny climate, world-class golf courses and charming, picturesque villages. Armação de Pêra is no exception.

In short, Armação de Pêra and the Algarve are dream destinations for those seeking sunshine, pristine beaches and a relaxed atmosphere, all in a naturally beautiful setting.
#ref: 118666

Algarve, Porches, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    25.2 miles
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 118666) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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