Land for sale in Porches, Lagoa (Algarve), Faro

£80,786,275 (€89,000,000)
Land for sale
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Property features

  • Reference: Pbi-779
  • Total area: 0m2
  • Useful area: 0m2
  • Plot area: 2600000m2

Property description

Luxury project with 260 ha and 3 km sea front along the Atlantic Ocean in the Algarve, Situated in Benagil and Praia da Marinha is a unique and tourist project for the construction of apartments, villas, a hotel due in 3 parts and still of an 18-hole golf course with a 9-hole course. The land has 260 ha and the project has a total area of ​​ca. 73,940sqm., in a total of 108 lots and an extension that includes about 9 beaches, one of which is the well-known Marinha Beach, which gives name to this venture. The project numbers are:
15,000 m2 for the construction of a 4-star Hotel with 151 rooms, with a part of the Hotel for Spa and another for a huge restaurant, 42,500 m2 for apartments that in total can make a total of 381 apartments, 16,440 m2 for the construction of Villas with can accommodate 73 Villas, but this project has a further 17 Ruins spread over the 260 ha where can also build 17 additional luxury villas.
Summarizing luxury projects of this magnitude next to the Sea are not more to sale in the Algave, this project was also qualicified of project pin
(Project of National Interest) For more information please contact us
Energy Rating: Exempt

 Land Area: 2600000

Property location is approximate. Please contact the agent for further details.

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Portugal Best Invest, on +44 330 038 7949 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portugal Best Invest, and do not constitute property particulars. Please contact Portugal Best Invest for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.