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What are the benefits of investing in a dual villa project in Santa Catarina?

Plot in Santa Catarina da Fonte do Bispo

ref. TV2046
545.000€ 536.000€
  • NA
  • 12.211m2
  • Building Plot

Investing in the dual villa project in Santa Catarina is an opportunity filled with potential and benefits. With an approved project for two linked villas, this plot spans 12,211m² and is tailored for residential and touristic use. The main villa features a spacious 377m² layout, while the guest house offers over 150m², making it ideal for buyers interested in generating rental income. Located just 15km from the sparkling shores of the Algarve and near the picturesque village of Tavira, this property combines a desirable lifestyle with investment prospects. The surrounding area is rich in natural beauty, from stunning sea views to expansive agricultural landscapes filled with olive and almond trees. The potential for developing additional tourism-related structures also enhances investment returns. Don't miss out on this profitable opportunity—reach out to us today for more information and arrange a viewing!

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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