£1,001,645
€1,200,000
Land for saleSanta Luzia, Tavira, Portugal
About this property
Front-Line, Residential Plot With Approved Project In Santa Luzia, East Algarve
Approved project for construction of three independent, 2/3-bedroom townhouses on a premium, front-line site in sought-after Santa Luzia.
A rare development opportunity, this project maximizes construction and bureaucratic efficiency, and optimises resale value or rental returns.
Each of the three proposed townhouses offers spacious, contemporary living areas over three floors, with balconies, roof terrace and pool, off-street parking and views over the Ria Formosa and the sea.
Ground floor living room, kitchen, guest toilet courtyards at front and rear off-street parking.
First floor 2 en-suite bedrooms with balconies
Second floor large additional space for living room or third bedroom
Roof terrace with pool a private oasis with spectacular sea views
Once finished, these can be sold as three independent properties or rented out. Alternatively, the whole property, reconfigured, could make a wonderful boutique hotel or family home in one of the most desired locations in the East Algarve.
Plot size: 410 m2
Construction area: 558.86 m2 (approved) 147.80 m2 (currently)
Building footprint area: 197 m2 (approved) 147.80 m2 (currently)
Townhouse A 182.40 m2
Townhouse B 176.91 m2
Townhouse C 199.55 m2
Location:
Tavira 2 km
Beach 150 m (Ria Formosa) 0.5 km (Terra Estreita ferry) 3.5 km (Barrill) 6 km (Fort Rato)
Distance to Sea 1.25 km
Faro International Airport 34 km
Approved project for construction of three independent, 2/3-bedroom townhouses on a premium, front-line site in sought-after Santa Luzia.
A rare development opportunity, this project maximizes construction and bureaucratic efficiency, and optimises resale value or rental returns.
Each of the three proposed townhouses offers spacious, contemporary living areas over three floors, with balconies, roof terrace and pool, off-street parking and views over the Ria Formosa and the sea.
Ground floor living room, kitchen, guest toilet courtyards at front and rear off-street parking.
First floor 2 en-suite bedrooms with balconies
Second floor large additional space for living room or third bedroom
Roof terrace with pool a private oasis with spectacular sea views
Once finished, these can be sold as three independent properties or rented out. Alternatively, the whole property, reconfigured, could make a wonderful boutique hotel or family home in one of the most desired locations in the East Algarve.
Plot size: 410 m2
Construction area: 558.86 m2 (approved) 147.80 m2 (currently)
Building footprint area: 197 m2 (approved) 147.80 m2 (currently)
Townhouse A 182.40 m2
Townhouse B 176.91 m2
Townhouse C 199.55 m2
Location:
Tavira 2 km
Beach 150 m (Ria Formosa) 0.5 km (Terra Estreita ferry) 3.5 km (Barrill) 6 km (Fort Rato)
Distance to Sea 1.25 km
Faro International Airport 34 km



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