Tourist And Residential Development Algarve

This property is located in the Western Algarve, 1km away from the village of Carvoeiro and its beautiful coastline. Carvoeiro has restaurants, bar sand shops. Its close to the A22 motorway leading to the international airport at Faro (65km away) and Lisbon.
The property is adjacent to municipal road M1272 (North), Monte Santo resort (West) and Quinta do Paraíso tourist development (East and South).
Praiado Carvoeirois about 2 km away and the city of Portimão about 8km .Motorway A2 leads to Lisbon (275km).
Airport: The access time to International Airport of Faro by car is estimate time 47minutes. Train connection from Lisbon to Algarve: around 2:30 hours. Bus: Eva Transportes and the Frota Azul explores bus routes with stops in the near surroundings.

The apartment hotel to be built on the North side of the property and adjacent leisure facilities and swimming pool. The townhouses, most of which have already been built, sold and occupied

A land area of 9,346m2 was divided into three contiguous independent plots.
The total gross construction area of 8,320m2 officially approved corresponds to construction above ground, not including balconies and terraces. No limit was set for construction below ground to be used for parking and support areas.

AREAS ASKING PRICE
Total area 9060 M2 7.500.000,00 €