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EXCELLENT OPPORTUNITY - Large Plot with Planning Permission for Apartments/Large House or Hotel, in Faro

Plot in Faro

ref. S5136
2.700.000€
Usage
Residential
Type
Plot
Town
Faro
Parish
Faro (Sé e São Pedro)
Municipality
Faro, Faro
Region
Algarve (Central)
Bedrooms
0
Bathrooms
0
Plot Area
31.476 m²
This plot is located in an excellent position in Cerro do Bruxo in Faro.
It is minutes from the Forum Algarve and main town of Faro. It has unspoiled views and offers the possibility of Sea Views if a two story residence is built.
The plot has a total area of just over 31.000m2 with building permission for a 11 x 2 bedroom apartments, a Large Villa with swimming pool, multiple villas or 4 Star hotel complex.
It is located on a quiet road in a sought after area, just off the EN125.
The finished project depending on what you decide to do will be a superb luxury home in the sun, holiday rental investments or a tourism business with 365 days per year income.

Location

Distance to Beach: 4km
Distance to Golf: 4km
Distance to School: 4km