Portimão, Faro 8500

Residential Development LAND The plot does not have an approved project. The subdivision foresees the feasibility of a project for 28 apartments (1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom units). We present an excellent investment opportunity for property development: a plot with feasibility for the construction of a multi-family residential building with swimming pool. The total number of apartments may vary depending on the typologies and areas defined in the final project. General Project Features Plot area: 750 sqm Total construction area: 2,443 sqm Number of floors: 7 floors above ground Basement and sub-basement designated for parking Estimated total number of units: up to 28 apartments Parking: 30 spaces Typology Distribution (Preliminary Study) The building may include different configurations per floor, depending on commercial strategy and market positioning: Option 1 4 two-bedroom apartments per floor Option 2 1 one-bedroom apartment 2 two-bedroom apartments 1 three-bedroom apartment Option 3 2 one-bedroom apartments 2 three-bedroom apartments Option 4 2 four-bedroom apartments The configuration can be adjusted according to market study and intended profitability. Parking The project provides for 30 parking spaces, distributed between basement and sub-basement levels, ensuring comfort, functionality, and added value to the development an increasingly decisive factor in an urban context. Investment Opportunity This plot offers ideal conditions for the development of a modern multi-family building with high profitability potential, both for sale and rental. The combination of an optimized number of units, high-demand typologies, private parking, and configuration flexibility positions this project as a solid and strategic solution for developers and investors. Ref:L474