Residential Development Opportunity – Quarteira/Almargem,
for sellQuarteira, Loulé, Faro
- Highlight
€ 1 900 000 Ref. 063066
Bedrooms NA
WCs 1.701,00 m²
Useful area
Residential Development Opportunity – Quarteira/Almargem
An excellent investment opportunity in one of Quarteira’s fastest-growing areas, offering strong potential for future appreciation. The plot is located just minutes from the beach, the seafront promenade, Vilamoura and a wide range of essential amenities.
Set on approximately 2,500 m², the property offers 1,701 m² of permitted construction potential. The proposed development may comprise two elegant contemporary buildings, separated by landscaped walking and leisure trails. Each building can include three floors above a basement level dedicated to private parking, creating modern and functional homes designed to meet the Algarve’s growing residential demand.
A favourable technical assessment has confirmed that the existing municipal water supply and drainage networks have sufficient capacity to serve the proposed development—an important advantage for developers and investors.
Key investment highlights:
- Option to develop two contemporary buildings with 20 apartments: 16 two-bedroom apartments and four four-bedroom penthouses
- Alternative option to develop 10 contemporary three-bedroom townhouses
- Plot of approximately 2,525.70 m²
- Total construction potential of approximately 1,701 m²
- Basement level with private parking
- Confirmed water supply and drainage infrastructure
- Just minutes from Quarteira Beach
- Close to Vilamoura, shops, schools and essential services
- Excellent access to the Algarve’s main roads and Faro International Airport
- Strong potential for investment returns and future appreciation
A strategic opportunity to create a contemporary residential development close to the sea, in one of Quarteira’s most promising locations.
Alisa Scutt
PREDIMED PRIME
alisa.scutt@predimed.pt 918773534 Chamada para a rede móvel nacional
918773534
Chamada para a rede móvel nacional