MPNL5009 - Approved subdivision project in Portimão, Algarve, with four residential and commercial plots in a consolidated area, within walking distance of the beach and the city centre. The 2.5 ha site offers opportunities for residential and commercial building construction, with excellent access and a diverse expatriate community. The residential market is on the rise, with a 26% increase in sales in 2021, while total investment in Portugal reached 569 million in the first half of the same year.
Highlights
Allotment project approved and in force
Four plots for residential development with commercial units
Total land area: 2.5 ha
Consolidated residential area
Walking distance to the beach
Excellent proximity to the city centre
Residential construction area: 56,000 m²
Commercial construction area: 8,890 m² on the ground floor
2 floors below ground for parking
The Algarve stands out for its climate, leisure, community and affordable cost of living, offering a healthy and safe lifestyle.