São Bartolomeu de Messines, Faro

This urban land offers a promising opportunity for investment given its strategic location and development potential. Here's a breakdown of the key features and benefits:Key FeaturesLocation and Accessibility:Situated next to the EN 124 road, providing excellent visibility and accessibility.Located between Silves and S.B. Messines, which are prominent areas in the region.Land Area:Total land area of 2, 260 square meters (sqm).Urban Classification:Classified as Low Density Urban Spaces under the new PDM of the Municipality of Silves.This classification supports various development possibilities, including residential, commercial, and mixed-use projects.Construction Potential:Permits a construction area of up to 50% of the total land area, equating to 1, 130 sqm over two floors.Currently, 821 sqm is already built, allowing for significant expansion.Zoning Flexibility:Despite its current designation for Warehouses and industrial activity in the matrix register, the new PDM permits changing the land use.Possible new uses include residential, commercial, or a combination of both.Utilities and Infrastructure:Close to water and electricity supply networks.Good access and parking facilities enhance the land's attractiveness for development.Ideal UsesResidential Development:Suitable for creating a low-density residential community, benefiting from the serene surroundings and accessibility.Commercial Ventures:Ideal for establishing businesses that require high visibility and good access, such as retail stores, restaurants, or service providers.Mixed-Use Projects:Combining residential and commercial spaces could maximize the land's potential and cater to diverse needs.Investment HighlightsVisibility and Accessibility:The location next to a main road ensures high visibility, which is advantageous for commercial enterprises.Development Capacity:With the potential to expand up to 1, 130 sqm of new construction, investors can significantly enhance the property's value and utility.Versatility:The flexibility to change the land use according to the new PDM makes this property adaptable to market demands and investor preferences.This land offers a unique blend of development potential, strategic location, and versatility, making it an excellent opportunity for investors aiming to capitalize on the growing demand in the region.