Land for sale in Olhão, Portugal — €390,000

Land overview

Land classification in this area is urban. Review the details to better understand this land classification and confirm the relevant considerations before making a decision or planning your next steps.

About this land

Original listing description, in Portuguese.

Urban plot with an approved project for the construction of a 5-storey building. The total land area is 499.20 m2, with a total implantation area of 486.80 m2. The project includes the construction of 12 dwellings (1, 2 and 3 bedroom flats), 1 shop with 59.00 m2, including a basement with 13 parking spaces and 7 storage rooms. The property is located on Avenida Bernardino da Silva, in a central area, close to various services and amenities, offering an excellent investment opportunity. The approved project is flexible, allowing for a wide variety of construction options. This is an exceptional opportunity for investors and property developers wishing to develop a high-end residential project in a prestigious location in Olhão, an expanding city with a property market on the rise due to the high demand for quality housing. Book your visit now! NOTE: The price in euros includes the exchange of 3 flats (T1, T2 and T3), together with their respective parking spaces.