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We present a unique opportunity for investors and builders: two equal and adjoining urban lots for sale at 700,000 euros, with great potential for residential development in a central and well-established area.

Characteristics per lot:

Building footprint of 208 square meters

Possibility to build up to 4 floors above the sole plate level

Feasibility for 8 apartments per lot

832 square meters of gross construction area per lot

Total for both lots:

Potential for 16 residential units

1,664 square meters of gross construction area

Main advantages:

Simple and straightforward construction project, with no need for land concessions, roadworks, or urbanization works

Central location with high demand and excellent accessibility

Uncomplicated licensing process: just submit the project to the Municipal Council

Ideal for sale off-plan, rental, or medium-term investment

These lots offer an excellent balance between price and construction potential, providing a solid foundation for a highly profitable project.

Don't miss this opportunity to invest in land with an excellent location, strong housing demand, and ideal conditions to develop a successful real estate project.

Contact us now for more information or to schedule a visit!

Quelfes, Olhão, Faro (Algarve)