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What is the investment potential of a plot in Carvoeiro, Algarve?

Plot in Carvoeiro

ref. PPP702
€ On Request
  • NA
  • 304m2

The investment potential of this urban plot in Carvoeiro is exceptionally high, thanks to its prime location just 300m from the beach. With an area of 304m², it offers the chance to build a residential project that can significantly contribute to your investment portfolio. Carvoeiro is known for its charm and vibrant community, making it a sought-after location for holidaymakers and residents, which in turn boosts rental opportunities. The plots in this area are desirable and difficult to find, particularly those that permit the construction of a block of apartments including commercial spaces. The proposed project could feature three one-bedroom and three two-bedroom apartments, appealing to both long-term residents and short-term renters. Additionally, being close to shopping facilities, restaurants, and golf courses enhances its attractiveness to potential tenants. Buyers will appreciate the availability of mains electricity and water, which further facilitates development. This plot signifies a valuable investment in one of the most beautiful regions of the Algarve. As demand continues to rise, now presents a perfect opportunity to capitalise on this growing market. Explore this investment opportunity before it disappears—contact us for more details!.

Usage
Residential
Type
Plot
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Usable area
304 m²
Plot Area
304 m²
Tarmac
Parking outdoors
Mains electric, Mains water
Town View
• Unique plot of land at the entrance of Carvoeiro
• A superb location with great investment potential
• This urban plot with an area of 304m²
• Price is for plot only, no construction costs included
• Distance from Beach 300m

There is a possibility of building a block of apartments with 3 floors; shops on the ground level and a garage.

3 x one-bedroom apartments; 3 x two-bedroom apartments - all with elevator access. The ground floor level may have 3 commercial shops. The garage will have 10 parking spaces.

The charming village of Carvoeiro is at your doorstep and is walking distance tot the beach and all the amenities.

Perfect project for investment purposes.

Amenities

• Public Water Network
• Mains Electricity
• Parking

Location

Carvoeiro : n/a
Beach : 300m
Shopping : 200m
Golf : 2km
Airport : 67km
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