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Adjacent plots awaiting project approval in central location

In Portimão, Portimão

land for project,algarve property for sale,investment,portimao,portugal,property

  • 608 m2
135.000 €

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Adjacent plots awaiting project approval in central location

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Adjacent plots awaiting project approval in central location

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Adjacent plots awaiting project approval in central location

Property Details

  • Reference IDH30462
  • Type Land
  • Certification -
  • House area -
  • Land area 608 m2
  • Zone Portimão
  • City Portimão
  • Region Faro

Description

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Land for sale in Portimão

Here are a total of 4 individual plots for sale, each with the same asking value although varying slightly in area. At this stage there are no approved project plans in place, however the current owner is already underway with a construction project on a series of plots immediately next to these, with completion due in the second quarter of 2019.

There is the potential to construct a two storey detached villa, up to a 200m2 build size with an underground basement level and also a private pool.

The plots are between Bemposta and the centre of Portimao, a location which would suit anyone looking to relocate permanently or have a second home in the sun, which you could also rent out for additional income! Within a short walk there are a selection of small cafés and traditional restaurants. The centre of Portimao is just a 5 minute drive away, where you’ll find all the essential amenities from hypermarkets and shopping complexes, to clinics and salons.

Portimão is the largest city in the western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city.


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  • Central location
  • Walk to Amenities
  • Near Medical Facilities
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 90% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

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