Land for sale in Santa Maria, Tavira (Santa Maria E Santiago), Tavira Algarve

£8,141,816 (€9,500,000)
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Land for sale

Property features

  • Total area: 218837 sqm
  • Condition:

Property description

Land in Tavira with 21.8 hectares, in the connection between the A22 and the city center of Tavira, in a place with excellent development potential.

The land is located in the vicinity of the city of Tavira, in the Western Algarve, 37 km from Faro (39 km from the airport), 300 km from Lisbon and 172 km from Seville.

The Pêro Gil Detail Plan, where the land is integrated, allows to develop a project with a total construction potential of 76,021 m² for residential space, a hotel, commercial space.

The area is divided into three execution units and a rustic area, facilitating the proper phaseof the project:

Execution Unit 1 divides the space into nine lots, with one for hotel unit, five destined for collective housing (two of them with trade) and three lots for equipment (one of them, for private clinic).
Part of the adjacent land will be kept rustic (79,885 m²), with agricultural potential.

Execution Unit 2 divides the urban space into eight distinct lots for collective housing (where, in three of these, trade areas are expected to exist on the ground floor).
This unit has a Nascent - West orientation.

Execution Unit 3 is structured in twenty-seven separate lots, of which three are intended for collective housing and the remaining twenty-four for detached dwellings.
In the northern part of the EU3, next to the EU2, the retention basin provided for in the Pêro Gil Detail Plan is inserted.

In addition to the three Execution Units, which make up the Urban Area, there is a Rustic Area that will be maintained, conducive to agricultural culture, a total of 79,885 m².
The predominant crops in this region are of a wine and fruit nature.

The Total Land Area amounts to 218,837 m², corresponding to an Urban Area of 138,952 m² and a Rustic Area of 79,885 m².

The surroundings are characterized by the existence of land, mixed buildings and scattered villas.

Ref: JD028

Property info

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

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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 Legacy Group Real Estate Consulting, and do not constitute property particulars. Please contact Legacy Group Real Estate Consulting 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.