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Faro, Countryside,

2.975.000 € Stand (ref: 105240200)

4493,5m2
Construction area
5460,15m2
Plot Area
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Faro, Countryside, 2.975.000 €

Stand (ref: 105240200)

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About the property A unique and exclusive plot of land, located in the urbanisation of Quinta das Raposeiras in Santa Bárbara de Nexe, this lot offers an unmissable opportunity for investment in high-end residential or hotel projects.

Plot Characteristics
-Plot Area: Approximately 5460.15 m².
-Maximum Building Area: 4493.50 m².
-Implantation Area: 4493.50 m².
-Permitted Use: Hotel, apart-hotel, or residential establishment.
-Maximum Number of Units/Occupancies: 3.
-Floors: 2 floors above ground + basement.
-Building Height: 8 metres for hotel establishments and/or 6.5 metres for collective housing and single-family residences.
-Ground Level Elevation: 257.30 metres.
-Maximum Number of Parking Spaces: 240.
-Plot Characteristics: Sloping terrain with a magnificent open sea view.

Additional Advantages
-Approved Subdivision Project: The project has already been approved by the municipal council, facilitating the development process.
-Excellent Accessibility: Only 25 minutes from Faro Airport and the beaches.
-Prime Location: Situated in the parish of Santa Bárbara de Nexe, a few kilometres north of the A22 motorway, between Faro and Loulé.
-Panoramic Views: From the surrounding hills, there are exceptional views over the Barrocal plain, between Faro and Olhão, the Ria Formosa, and the Atlantic Ocean.
-Attractive for Foreigners: Due to its excellent location and good rail connections, this area has become a prime choice for foreign residents.

This plot offers a rare combination of a prime location, stunning views, and significant development potential. Ideal for investors and developers seeking an exclusive location for creating a luxury residential or tourist development.

Do not miss this unique investment opportunity in the heart of the Algarve.
Read more
Máscarazul - Mediação Imobiliária Lda - AMI 8904
General features
General information
  • Reference 105240200
  • Goal Sale
  • Sale price 2.975.000 €
  • Region Algarve
  • District Faro
  • County Faro
  • Civil Parish Santa Bárbara de Nexe
  • Area Countryside
  • Gross Private Area 0m²
  • Gross Construction Area 4493,5m²
  • Net area 0m²
  • Plot Area 5460,15m²
  • State N/A
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