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How to invest in a property with approved plans for two villas in Algarve?

Plot in Santa Catarina da Fonte do Bispo

ref. TV2046
545.000€
  • NA
  • 12.211m2
  • Building Plot

Looking to invest in a property with approved plans? This large plot in Santa Catarina, East Algarve, is a golden opportunity. With the included approved project for two villas, you can build a beautiful 2 en-suite bedroom home alongside a guest house, perfect for family or rental use. Sitting just 15km from the coast, this area offers shimmering sea views combined with peaceful countryside living. The total urban footprint is 529m² allowing for creative architectural designs. Don’t miss out on this chance to create a personalised property in a tranquil location. Contact us now to view the full plans and discuss this investment further!

Usage
Residential
Type
Plot
Town
Santa Catarina da Fonte do Bispo
Parish
Santa Catarina da Fonte do Bispo
Municipality
Tavira, Faro
Region
Algarve (East)
Surface area
377 m²
Plot Area
12.211 m²
Country Road
Countryside View, Sea View
Building Plots
• Construction size 377m²
• Total urban footprint 529m²
• Plot size 12.211m²
• Approved project in place
• The price includes the plot and the approved project but not the construction of the building
• 15km to sea and beaches
• Sea views

The building permission is for a 2 en-suite bedroom villa with 377m² footprint. The basement would provide enough space for a garage for 4 cars, several storage rooms and two multimedia rooms. In addition to this, a guest house with 2 suites, with an area of just over 150m².

This project is viable for touristic usage in the form of country houses, with a biological pool and leisure area facing south with sea views. There is an additional plan for 4 x T0 studios in drawing in a plot of 444m² but these are not included in the approved architecture plan and should be submitted for approval if so desired.

With this additional area of construction, it makes this project an exciting opportunity for Rural Tourism in a picturesque location close to Santa Catarina da Fonte do Bispo.

The surrounding land consists of wide-open plains with carob, fig, almond and olive trees.

Price is for plot only, construction price is extra and costs depend on finishes desired. It is anticipated that all approvals will be in place for construction works to commence in 2024.

Please contact us to see the full plans and for a visit to the location.

Amenities

• License for borehole
• Licença de Especialidades in process
• Licença de Construção in process
• Possibility to connect to mains electricity and phone network

Location

• 2km to Santa Catarina da Fonte do Bispo
• 15km to Tavira
• 15km to sea and beaches
• 19km to golf
• 31km to Faro airport
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