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Land for sale in Tavira, Portugal — €9,500,000

76,021 m² plot · €125/m²

Land for sale in Tavira, Portugal — €9,500,000
Location
Tavira, Faro, Portugal
Plot size
76,021 m²
Price
€9,500,000
Price per m²
€125/m²
Listing type
Urban plot
Zoning
Restricted Use Forest Area

About this land

Land in Tavira with 21.8 hectares, in the connection between the A22 and the city center of Tavira, in a place with excellent development potential. The grounds are in the immediate vicinity of the city of Tavira, in the Algarve leeward. They are 37 km from Faro (39 km from the airport), 300 km from Lisbon and 172 km from Seville. The Pêro Gil Detail Plan, where the land integrates, allows to develop a project with a total construction potential of 76,021 m² for residential residential space, a hotel, commercial space and equipment. The area is divided into three execution units and a rustic area, facilitating the proper phase of the project: The Execution Unit 1 divides the space into nine lots, with one for hotel unit, five destined for collective housing (two of them with commerce) and three lots for equipment (one of them, for private clinic). Part of the adjacent land will be kept rustic (79,885 m²), with agricultural potential. The Unit of Execution 2 divides the urban space into eight distinct lots intended for collective housing (where, in three of these, there are expected to be areas of commerce on the ground floor). Does this unit have a Nascent orientation? West. The Execution Unit 3 is structured in twenty-seven separate lots, three of which are intended for collective housing and the remaining twenty-four to detached dwellings. In the northern part of the EU3, next to the EU2, is inserted the retention basin provided for in the Pêro Gil Detail Plan. In addition to the three Execution Units, which make up the Urban Area, there is a Rustic Area that will be maintained, conducive to agricultural culture, a total of 79,885 m². The predominant crops in this region are of a wine and fruit character. The Total Area of the land amounts to 218,837 m², corresponding to an Urban Area of 138,952 m² and a Rustic Area of 79,885 m². The surrounding is characterized by the existence of land, mixed buildings and scattered villas.

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