The perfect rural property for housing investment near Benafim is this large plot with an approved project for three linked townhouses. At €180,000, this 1200m² piece of land offers significant investment potential in a growing area of the Algarve. Each approved townhouse spans to 175m² and features a modern design, catering to the market's demand for quality housing. The plot is conveniently located just 140 metres from the town, providing easy access to local amenities such as shops, restaurants, and recreational facilities. Furthermore, access to beaches and golf courses within a short distance enhances its appeal for future homeowners and renters alike. The idyllic countryside surrounding the location promises picturesque views for residents. As an added advantage, mains utilities are readily available, allowing for a quick turnaround on development once purchased. For investors looking for both a retirement residence or rental opportunities, this property stands out as an excellent option. Contact us today to learn more about this investment opportunity!
• 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
