Plot for Development in Algarve, Portugal

Vila Real de Santo António, Portugal
Asking Price: $17,584,890 (€15,000,000 EUR)
Land / Lot Details
Listed on Mar 24, 2023(Renewed on Nov 27, 2024)

ForInvestors, Developers:

Property in Algarve, block for development in Algarve.

One block consisting in 12.400sqm (1.24Ha), situated in the urban and industrial area of Vila Real de Stº António, in Algarve.
Allowed housing and industrial use, with Hotel or other equipment, Commerce and Services.
The heights oscillate between 6 and 8 floors. The maximum gross buildability area above ground fixed at 36.500sqm.

An independent Plot, with a rectangular shape, facing four different streets, with more then 120mts front to main Avenue of the City, with views to Spain bordes, to the Guadiana River, the docks and to the marina, which is about 100mts walking distance. A 55 km from Faro International Airport, 290km from Lisbon, 150km from Seville and 650km from Madrid.

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Financials (USD)

Asking Price $17,584,890

Converted From EUR

Exchange Rate $1.17

Property Details

Parcel Size 1.00 Hectares

Deal Terms

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

Broker Co-Op? Available On Request

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