Land consisting of 24 urban articles and a rustic of 2,652 ha, ideal for developing a subdivision project for quality apartments and/or villas. The location is perfect - a quiet area with easy access to shops and services.
This land is suitable for the development of an apartment and/or villa project, which allows you to diversify the housing options available. This can appeal to a wide audience, from young couples and families to people looking for larger properties.
Olhão is a city known for its coastal beauty, rich cultural heritage, and welcoming atmosphere. It is one of the most popular tourist destinations in the Algarve. The city offers a variety of shops, services and amenities, as well as a stunning natural landscape and access to the beaches and barrier islands of the Ria Formosa. The location is therefore attractive for those who wish to enjoy a Mediterranean lifestyle.
The city has seen a growing interest due to its proximity to Faro, the quality of life it offers and its competitive prices compared to other cities in the Algarve. The construction of new properties has been a major driver of the local economy, making Olhão an attractive place for real estate investors.
In recent years, the real estate market in Olhão has expanded significantly, with the development of new real estate developments, including luxury condominiums, villas, and high-end apartments. Additionally, the city has seen an increase in demand for short-term rental properties, due to the increasing number of tourists visiting the region.
With its Mediterranean climate, beautiful beaches, and stunning scenery, Olhão is an attractive place to invest in real estate. The city has a booming real estate market, and there are plenty of opportunities for those looking to invest in real estate in Portugal.
Access is excellent and it is only 5km from the A22 motorway and the EN125. The proximity to the district capital Faro is about 10mn by car.
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