Land/Lot for Sale Faro, R Francisco Assis

Situated in Montenegro, Faro, this land offers a solid investment opportunity. Located in an urbanizable area of expansion, according to the PDM of Faro, it stands out for its constructive versatility. With the possibility to build up to 40% of the land area (equivalent to 1200 m2) and a maximum gross utilization rate of 60%, the land is suitable for up to 11 housing units. The infrastructure is complete, with a water, sanitation, electricity and fiber optic network already available on site. Its flat topography and easy access by paved road are good points. The strategic location is one of the main attractions, combined with a sale value below the market average, ensuring a potential return on investment. The proximity to the airport, public transport, university, Gambelas hospital, commerce, services and easy access to the centre of Faro are key elements. In addition, the tranquility of the environment, the proximity to Faro Island and Beach, and the centrality in the Algarve contribute to the versatility of the terrain. This opportunity is an invitation to investors looking for a solid option in Montenegro. For more information, please contact us.