ALJEZUR — REAL ESTATE INVESTMENT OPPORTUNITY

Faro - Aljezur
€ 1,490,000
Urban land
24
24
For sale
Not applicable
1923,5 m²
1132,22 m²
2001,2 m²
CB19-0074
energyCertificate
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Property description

Excellent real estate investment opportunity in the historic centre of Aljezur, in the heart of the Costa Vicentina.

With a 2,001.20 m² plot and a planned gross construction area of 1,923.50 m², this property offers two development options: a residential complex comprising 18 apartments, complemented by commercial spaces and a rooftop swimming pool, or a 4-star Boutique Aparthotel with 24 tourist units, benefiting from a favourable prior planning opinion.

Located in one of the Algarve’s most authentic areas, close to shops, services and within easy reach of the stunning beaches of the Costa Vicentina, this property offers a versatile investment opportunity for developers and investors looking to create a distinctive project in a region of growing appeal.

Asking Price: €1,490,000

Contact us for further information and access to the available documentation.

Note: The residential option is based on a preliminary architectural feasibility study. The development of either option is subject to confirmation of the applicable planning requirements and licensing procedures.

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