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3485 m2
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2536 m2
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9108 m2
Sale price
8 900 000 €
Ref: RP-2126
We present a large-scale real estate asset with high profitability potential in one of the Algarve's most rapidly appreciating real estate areas. This is a plot of land with a project designed for the construction of 150 urban dwellings, with a housing efficiency ratio perfectly aligned with current market demand.
The project allows for 3,485 s.q.m of gross construction area, 150 residential units, of which 146 are two-bedroom apartments and 4 are four-bedroom apartments, ideal for fractional sale (Build-to-Sell) or residential income (Build-to-Rent / Multifamily).
The project benefits from a premium location in Olhão, combining strong local residential demand with the region's dynamic tourism. Just 15 minutes from Faro International Airport, a 10-minute walk from Ria Shopping (Auchan Hypermarket, Fitness Up, Clinics and Services) and a 7-minute drive from Olhão Marina, the Traditional Markets and the embarkation pier for the Ria Formosa Islands (Armona, Farol and Culatra).
Olhão has a severe shortage of new T2 type housing, guaranteeing a fast pace of pre-sales (off-plan sales). Highly attractive value per square meter of construction and land acquisition compared to the Algarve's golden triangle (Vilamoura/Quinta do Lago), maximizing profit margins (Target IRR/ROI). The city is undergoing strong infrastructure modernization, attracting expatriates, international investors and local families seeking quality of life at a moderate cost.
It guarantees positioning in a market in full economic expansion. We provide the descriptive financial dossier, floor plans and economic feasibility study upon request.
Contact us today to schedule a private project presentation.
The project allows for 3,485 s.q.m of gross construction area, 150 residential units, of which 146 are two-bedroom apartments and 4 are four-bedroom apartments, ideal for fractional sale (Build-to-Sell) or residential income (Build-to-Rent / Multifamily).
The project benefits from a premium location in Olhão, combining strong local residential demand with the region's dynamic tourism. Just 15 minutes from Faro International Airport, a 10-minute walk from Ria Shopping (Auchan Hypermarket, Fitness Up, Clinics and Services) and a 7-minute drive from Olhão Marina, the Traditional Markets and the embarkation pier for the Ria Formosa Islands (Armona, Farol and Culatra).
Olhão has a severe shortage of new T2 type housing, guaranteeing a fast pace of pre-sales (off-plan sales). Highly attractive value per square meter of construction and land acquisition compared to the Algarve's golden triangle (Vilamoura/Quinta do Lago), maximizing profit margins (Target IRR/ROI). The city is undergoing strong infrastructure modernization, attracting expatriates, international investors and local families seeking quality of life at a moderate cost.
It guarantees positioning in a market in full economic expansion. We provide the descriptive financial dossier, floor plans and economic feasibility study upon request.
Contact us today to schedule a private project presentation.
Property Features
- Proximity: Shopping, Restaurants, City, Open field, Hospital, Pharmacy, Public Transport, Schools, Public Swimming Pools, Playground
- Views: Countryside views, City view, Urbanization view, Garden view
- Energetic certification: Exempt