Offre vérifiée
Partager:

Large-scale residential project in the Algarve

Lagos, Portugal

97%

€16.250.000

Terre

#13849

Value-Add, Opportunistic

2 Mar 2024

Détails du bien

Courtier

À vendre

35,325 m²

Pleine propriété

Résidentielle

51,120 m²

397 apartments divided in 16 plots

49.520 m2 for residential and 1.600 m2 for retail

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Frais

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Aperçu de l'investissement

Opportunity to develop a large-scale residential project in the Algarve. The property is in Lagos, one of the major cities of the western Algarve. The asset has an approved PIP for the allotment plan, which grants the construction of 49.520 sqm for residential and 1.600 sqm for retail. The asset has an approved PIP for the allotment plan, which grants the construction of 49.520 sqm for residential and 1.600 sqm for retail. The project foresees the construction of 397 apartments divided in 16 plots. Faro airport - 87 Kms – 1 hour driving. Beach - 2,5kms – 5 minutes by car. The Seller is accepting Offers for the Property. Potential investors are invited to submit Non-Binding Offers (“NBO”).