This is a plot of land situated in Olhão, an area with new residential constructions in the city. The land has a total area of 9,108m2 and is located in a private condominium with a swimming pool that has the potential for building a development of 80 apartments.
The property currently has a single-story building with a ground floor, which has a total built-up area of 2,536m2. The building has fifteen (15) compartments and a courtyard and is officially described as a ground-floor urban building.
The location of the property has access to public utility services like water, basic sanitation, and electricity, making it an excellent opportunity for investors and builders. The property is located just 800 meters away from the Ria Shopping area and the Olhão Health Center.
Within a five (5) minute drive from the property, you can find the renovated Olhão Marina, the Marina Hotel & Spa, the Fish and Fruit Markets, and the well-maintained green areas of the city. These areas offer panoramic views of the unobstructed Ria Formosa and its islands.
We have a vast portfolio of clients and partnerships, offering excellent investment options throughout the Algarve region.