Land for sale in Portimão, Portugal — €1,700,000

About this land

Original listing description, in Portuguese.

UNIQUE INVESTMENT OPPORTUNITY / URBANIZABLE LAND IN PRAIA DA ROCHA. Just 500 meters from the sea, in one of the most desired and valued locations in the Algarve. We present a strategic real estate asset with high potential for profitability and development in Portimão. An exclusive land, inserted in a consolidated area and of very high residential and tourist demand. Asset Highlights Location: Praia da Rocha, Portimão (500m from the beach) Land Size: 2,480sqm Planned Construction Area (PDM): 1,250sqm Urban Situation: Request for Prior Information (PIP) in the final phase of approval Development Potential: Excellent feasibility for multifamily UNIQUE INVESTMENT OPPORTUNITY / URBANIZABLE LAND IN PRAIA DA ROCHA. Just 500 meters from the sea, in one of the most desired and valued locations in the Algarve. We present a strategic real estate asset with high potential for profitability and development in Portimão. An exclusive land, inserted in a consolidated area and of very high residential and tourist demand. Asset Highlights Location: Praia da Rocha, Portimão (500m from the beach) Land Size: 2,480sqm Planned Construction Area (PDM): 1,250sqm Urban Situation: Request for Prior Information (PIP) in the final phase of approval Development Potential: Excellent feasibility for multifamily residential project Project Potential (Orientation Study) Based on the current framework, the lot allows you to equate an average structure, such as: 10 2 Bedroom Apartments 5 1 bedroom apartments (Note: Configuration and typologies subject to the final approval of the architectural project and municipal framework, PIP in the final phase of approval). Ideal for Developers and Investors looking for an asset with size, premium location and high liquidity in one of the most sought-after destinations in the south of the country. Contact us for more details, technical documentation and meeting scheduling. Ref. : 5921 (ref NU-NU_5921)