Portimão, Faro, Address available on request

Urban plot in the riverfront area of ??Portimão, inserted in the Aru zone (which can give you numerous tax advantages) and with the possibility of developing a condominium in accordance with the current Pdm of Portimão. The classification is based on urban planning parameter Z.3, which requires a population density of less than 200 inhabitants/ha, and must meet the following characteristics:
- Cas less than 0.30 
- Cis less than 0.45 
- Cos less than 0.50.
Maximum building height - five floors.

The property currently consists of a warehouse in excellent condition, partly with garage and partly with exhibition, perfect for rent at any time and without major interventions. It also has a residential building and several outbuildings as well as a spacious garden area. It has two independent entrances that may undergo changes after the presentation of the detailed plan and/or subdivision project for the land in question.

Given the prime and privileged location and potential to convert into a condominium in an excellent area of ??the city, close to the river, various access points, university, train and bus station, etc., this investment can be seen as a great opportunity certainly guaranteed profitability.

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