Residential plots in the Algarve that offer great investment opportunities include this large 7,600m² plot in Vale Formoso priced at €1,600,000. This unique property features stunning sea views and comes with an approved project, allowing buyers to build a dream house up to 450m², plus additional space for a basement and pool.
Located near Almancil and the Golden Triangle, this plot benefits from exceptional demand, making it a fantastic choice for long-term investment. Access to major roads ensures convenience, and with beautiful beaches just 9km away, this property holds tremendous appeal for both holidaymakers and permanent residents alike.
The potential for lucrative rental income due to the proximity of local amenities, schools, and golf courses enhances its investment value. This area attracts high-end buyers and renters, solidifying your choice as wise for potential capital appreciation. Thirteen kilometres from Faro Airport, commuting and traveling won’t be an issue either. Secure this unique opportunity and begin your investment journey today. Contact us to learn more or schedule a viewing!
• Plot Size 7,600m²
• The price includes the plot and the approved project but not the construction of the building
• Close to Town and Amenities
• Easy Access
• Distance to Beach 9km
This large plot with an area of 7,600m² is very flat with a sea view, located in Vale Formoso between the Urbanization Madeira and Urbanization the Crest.
It has excellent access and possibility of construction for a detached house up to 450m2 plus 20% for covered terraces, basement and a swimming pool.
Amenities
• Mains water & drainage 60m away
• Easy access
Location
• Distance to Sea – 6km
• Distance to Beach – 9km
• Distance to Nearest Golf – 11km
• Distance from Airport – 16km
• Distance to Nearest School – 13km
• Distance to Nearest Town – 2km (Almancil)
