The potential for building apartments on this unique plot in Carvoeiro is significant, making it an excellent investment opportunity. With plans that allow for three floors, including both residential and commercial units, this location is geared towards maximising returns. Situated 300m from the beach, it promises high demand from holidaymakers and locals seeking rental options.
You could consider constructing three one-bedroom apartments and three two-bedroom apartments, perfect for families or couples looking for vacation rentals. All apartments will have elevator access, which is a sought-after feature in the competitive rental market.
Additionally, the opportunity to create three commercial shops on the ground floor opens up multiple avenues for revenue, from retail to dining options, enhancing the overall attractiveness of your development. The charming village of Carvoeiro, alongside its numerous amenities, positions this property as a lucrative opportunity for developers.
Not only does the plot benefit from close proximity to the beach, but the vibrant local community, with its shops and restaurants located just steps away, guarantees a steady flow of visitors. Infrastructure advantages such as mains water and electricity further streamline the development process.
Investing in this plot allows you to tap into the booming Algarve real estate market. Take the first step towards your development dreams by contacting us for more information!
• 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
