2 Land - Building Plot with more photos, Not Applicable, for Sale, in Faro

Nestled in the gentle hills of Estoi, this plot is conveniently located at just a ten-minute drive from the center of Estoi and São Brás de Alportel, offering stunning, unobstructed views of the picturesque countryside.

With an approved project for a one floor house, this plot is now fully ready to start construction works for a 250m2 house with swimming pool and garage.

The well-considered layout offers a seamless flow between the living and sleeping areas, all conveniently arranged on a single level. Four generously sized bedrooms, along with an open-plan kitchen, dining and living area are thoughtfully oriented towards the breathtaking green hillsinviting you to fully immerse yourself in the stunning natural surroundings.

Ready to start building your dream home in the gentle hills between Estoi and São Brás de Alportel?

An exceptional investment opportunity in the real estate sector is presented, consisting of 8 urban lots available for individual sale, located in an urban area under development, with high potential for appreciation. These plots are intended for the construction of multifamily buildings, with up to 5 floors and a maximum number of dwellings between 10 and 45 per plot, allowing the creation of modern residential projects that are highly attractive in the housing market.
Lot Characteristics:
Gross Construction Areas from 1,170 m² to 5,197.50 m²
Maximum Number of Dwellings per Lot from 10 to 45 apartments
Value per Lot from 970,000 € to 4,500,000 €
Types of Buildings: Multifamily residential buildings with 5 floors, ideal for the development of apartments from T1 to T3, with balconies, parking lots and common areas
Advantages for the Investor or Promoter:
Acquisition Flexibility: Lots can be purchased individually, adjusting to different investment profiles and development strategies
High Profitability Potential: The construction of homogeneous flat buildings allows optimisation of design and construction costs, as well as a more efficient marketing
Growing Market: Location in an expanding urban area, with high demand for new housing, both for sale and for rent
Infrastructure and Accessibility: Area well served by road access, public transport, local shops, services and schools