Land for Sale in Portimao

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€135,000 EUR

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Ref 2270359 | Portimao, Faro | Plot Of Land

Currency services provided by Excel Currencies 135,000 EUR  |  Approx.£116,249 GBP  |  Approx. US$144,477 USD
Portimão, Portimao, Faro
  • Type: Land
  • Location: Portimao
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0

Here are a total of 4 individual plots for sale, each with the same asking value although varying slightly in area. At this stage there are no approved project plans in place, however the current owner is already underway with a construction project on a series of plots immediately next to these, with completion due in the second quarter of 2019. There is the potential to construct a two storey detached villa, up to a 200m2 build size with an underground basement level and also a private pool. The plots are between Bemposta and the centre of Portimao, a location which would suit anyone looking to relocate permanently or have a second home in the sun, which you could also rent out for additional income! Within a short walk there are a selection of small cafés and traditional restaurants. The centre of Portimao is just a 5 minute drive away, where you’ll find all the essential amenities from hypermarkets and shopping complexes, to clinics and salons. Portimão is the largest city in the western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city.

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