Faro, Faro 8700-248

Excellent Urban Land, in a residential, calm and peaceful area in the parish of Quelfes in Olho. This land is located in a privileged area, close to the city center, with a variety of commerce, services and beaches. Located in a quiet area with easy access to local shops and services, this land offers the ideal setting to invest and prosper. With an area of 2536m2 and a gross construction area of 3485m2, your ideas can flourish in an environment conducive to development. Furthermore, it has excellent sun exposure and a stunning view of the Ria Formosa. Feasibility of building 3 floors with a total of 80 apartments in a gated community with swimming pools, tennis court, outdoor leisure spaces and garage. Olho is a city located in the Algarve, southern Portugal, known for its natural beauty, including its paradisiacal islands and the famous Ria Formosa. The real estate market in Olho is quite diverse and has attracted investors from all over the world looking to invest in properties, whether for residence, holidays or investment. Don't miss out on this exciting real estate investment opportunity in Olho. Don't miss this opportunity, book your visit now!