Quelfes, Faro 8700

Exclusive real estate investment opportunity in Olhão. Urban plot with an approved project for 150 residential units, ready for development, located in one of Olhão's most promising residential areas for capital appreciation. This is a rare asset on the market, combining scale, urban integration, and an approved project, significantly reducing development timelines, risk, and licensing costs. The location is highly strategic: just minutes from the Municipal Market, schools, shops, and services, close to the Ria Formosa Natural Park, and only 15 km from Faro International Airport. The project focuses on high-demand unit types (T2 and T4), ideal for fast sales or mixed-use investment, in a market with limited supply and year-round demand. Investment highlights: Urban land plot of 9,108 m² Approved project for 150 apartments 146 T2 apartments 4 T4 apartments Building footprint: 2,536 m² Total construction area: 3,485 m² Located in a quiet and well-established residential area A high-return investment opportunity, ready to move forward, in a prime Algarve location. Ref:Usg003/2026