Vila Do Bispo (Algarve), Faro (Algarve) 8650-357, Portugal

Vila Do Bispo (Algarve), Faro (Algarve) 8650-357, Portugal
Listed By CENTURY 21 Tipy Family Projectus

The Land for Sale located at Vila Do Bispo (Algarve) Faro (Algarve) 8650-357 Portugal is currently for Sale, Vila Do Bispo (Algarve) Faro (Algarve) 8650-357 Portugal is listed for $9,480,121. If the property located at Vila Do Bispo (Algarve) Faro (Algarve) 8650-357 Portugal isn't what you're looking for, search Portugal Real Estate to see other Land for Sale in Vila Do Bispo (Algarve) .

MLS#: C0518-00174

$9,480,121 USD

€9,000,000 EUR

Minimum sellable space
40,934m²
The details

Property features

Date Updated: Nov 18, 2024

Area

Land/Lot size
40,934m²

Description

Land in Baleeira de Sagres with an area of 40,933.66 m2, with an approved project for the allotment of 76 villas (63 units of typology T3 and 13 units of typology T4) with a total construction area of 19,963.49 m2.Premium location in Baleeira, with 230-degree sea views all round and 4 beaches within walking distance:Praia da Baleeira: 200mMareta Beach: 300 metresMartinhal Beach: 900 metresTonel Beach: 1200m Plot areas (approximate) - 3 bedroom villas: Plot 245m2 - Gound floor area 125m2 - Gross construction area 210m2; - 4 bedroom villas: Plot 290m2 - Ground floor area 155m2 - Gross construction area 255m2; The allotment project was designed by architects Souto Moura & Álvaro Rocha.After approval of the allotment project, the licence was issued and the general infrastructures were carried out. After completion of this work, there is no deadline (the licence does not expire) for carrying out the general works. The subdivision's general urban infrastructures have been completed, and all that remains is to carry out the infrastructures for each housing plot. Cost of the land in relation to the estimated price of the house, ratio (per house): less than 12.5%.

Location

Vila Do Bispo (Algarve), Faro (Algarve) 8650-357, Portugal
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Courtesy of CENTURY 21 Tipy Family Projectus
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