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What is the cost of building three modern townhouses in the Algarve?

Plot in Querença

ref. VM2093
180.000€
  • NA
  • 1.200m2

Building three modern townhouses in the Algarve can be a lucrative venture, especially with this large plot available for just €180,000, which includes the land and an approved project. Each townhouse can be built to a generous 175m², accommodating three bedrooms and offering comfortable living spaces. Although construction costs are not included, the location just north of Boliqueime offers great access to local amenities and the inevitable growing demand for quality housing in the Algarve region. The approved plans feature modern architectural lines, designed for high-quality finishes that appeal to discerning buyers. As this area already has connections to mains water, electricity, and sewage, the groundwork is set to start construction immediately. With the plot situated only 24.3km from the nearest beach and surrounded by scenic countryside, buyers can envision a fulfilling lifestyle here. This is a perfect opportunity for investors keen on cash flow through rentals or resale value increase. Contact us for more information about securing this prime plot for development!

Usage
Residential
Type
Plot
Town
Querença
Parish
Querença, Tôr e Benafim
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
1.200 m²
Countryside View
• Plot Size 1200m²
• Construction Area 600m²
• Project For 3 Townhouses with 175m² Each
• The price includes the plot and the approved project but not the construction of the building
• Mains Water and Drainage
• Close to Town and Amenities
• Easy Access
• Distance to Beach 24.3km

This large plot of 1200m² is located in the heart of Benafim, offering countryside views and peaceful surroundings with restaurants, cafes, pharmacy and supermarket on the doorstep. The land has been cleared and fully fenced. Water, domestic sewage, electricity, and telecommunications are available at the entrance of the plot.
The approved project consists of 3 townhouses each with a construction allowance of 175m² and all villas will have 3 bedrooms. The properties will have direct access to the main municipality road and a car porch near the entrance of each villa. The ground floor will be composed of an open plan kitchen and lounge area with access out to a back terrace with BBQ and “al fresco” eating area, 1 bedroom with en-suite bathroom and a W.C. The 1st floor will be composed of 2 bedrooms both with en-suite bathrooms and terraces. The gardens have enough space allowing installation of a plunge pool in the future. The design of the properties has modern lines of architecture and can be built to a high standard.

Land:
• Fully Fenced
• Cleared

Amenities

• Mains water, electricity, and sewage available
• Easy access

Location

• Distance to Nearest Town – 140 meters (Benafim)
• Distance to Sea – 16.6km
• Distance to Beach – 24.3km
• Distance to Nearest Golf – 22.5km
• Distance from Airport – 40.8km
• Distance to Nearest School – 700 meters
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