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Urban Plot with Ruin for Redevelopment

690 000 €
Opportunity
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300 m²
300 m²
2710 m²
We are pleased to present this excellent urban plot of land measuring 2,710 m², featuring an existing urban building in ruins, located within a consolidated urban area surrounded by residential villas in Alcantarilha. The property enjoys a prime location close to beaches, golf courses, the Salgados Nature Lagoon, the International School of Porches, water parks, retail parks, the EN125 national road, and the A22 motorway access.
The property is currently registered as an urban building in ruins, comprising 300 m² of covered area and 2,410 m² of uncovered area, totalling 2,710 m².
According to a preliminary consultation carried out by the owner with an architectural technician, there appears to be strong potential for a gross construction area of approximately 2,100 m², divided as follows:
  • Ground floor footprint: 700 m²
  • First floor: 700 m²
  • Basement: 700 m²
This would allow, for example, the development of a private condominium comprising 8 villas, with landscaped gardens, leisure areas, barbecue facilities, and a communal swimming pool, among other possibilities within the permitted planning parameters and restrictions.
This information was obtained verbally and should therefore be independently verified. Interested parties are advised to obtain binding planning information from the Municipality of Silves and the relevant authorities before proceeding with any project.
The owner intends to submit a PIP (Prior Information Request) to Silves Town Hall in the coming days.
For further information, please do not hesitate to contact us.
Book your site visit today.
Property Type Real Estate building
Typology 0 Bedrooms
Objective Sell
Condition To be recovered
Price 690 000 €
Year of Construction N/A
Country Portugal
District Faro
County Silves
Parish Alcantarilha e Pêra
Zone N/A
Sofia Sequeira
Sofia Sequeira
Chamada para a rede móvel nacional
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Opportunity
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