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What is the cost of building two villas in Santa Catarina?

Plot in Santa Catarina da Fonte do Bispo

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

Considering the cost of building two villas in Santa Catarina? The current opportunity allows you to purchase a large plot of land for €545,000, which includes an approved project for construction. This project specifically outlines the building of a primary villa consisting of 2 en-suite bedrooms with a total footprint of 377 m², and an additional guest house with two suites, perfectly suited for family and friends or rental purposes.

While the price of the plot encompasses the land and the architectural plans, the construction costs will rely on your choice of materials and finishes. The well-planned design includes a spacious basement, intended for a garage to accommodate four cars alongside several storage and multimedia rooms designed for ultimate convenience and lifestyle.

This investment not only promises quality living but also presents significant potential for ROI in the rapidly growing tourism sector in the Algarve. The charming location of Santa Catarina allows easy access to natural wonders and stunning beaches just 15 km away, presenting perfect conditions for holiday rentals.

Your new villas can be situated amidst an uncrowded environment surrounded by picturesque carob, fig, almond, and olive trees. Moreover, with the potential addition of T0 studios awaiting architectural approval, there is ample scope to expand your property and increase its value.

The local community amenities are within short distances of 2 km to Santa Catarina and 15 km to Tavira, which enhances the practicality of daily life or weekend retreats. This property offers an attractive package for buyers who desire both comfort and profitability.

Ultimately, specifics for the construction costs will vary, based primarily on quality finishings and additional landscaping configurations. Therefore, we invite prospective buyers to contact us for detailed assessments and tailored insights into making this dream a reality.

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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