339 000 €

Land in Faro (Sé e São Pedro), FaroFaro, Faro

760 m²
Energy efficiency
Energy efficiency

Land for sale

An excellent investment opportunity to acquire a 760 m² urban plot located in a prestigious residential area of Montenegro, Faro, recently enhanced with new roads and modern infrastructure. Montenegro is renowned for its peaceful atmosphere, safety, and outstanding location, offering a wide range of amenities and essential services, including supermarkets, pharmacies, banks, schools, the local parish council, and various everyday conveniences. This is a well-established and highly sought-after residential area, distinguished by its unique architecture and high-quality homes. The plot allows for the construction of a detached single-family villa with an approximate build area of 456 m² (60% plot coverage), distributed over the ground floor, first floor, and a swimming pool, with the possibility of adding a basement of approximately 300 m². This provides the ideal opportunity to create a spacious, high-end residence designed for comfort and modern living. Adding further value to this investment, a new luxury residential development is scheduled to begin later this year, just metres from the property. The project will feature exclusive villas surrounded by generous landscaped green areas, enhancing the appeal and long-term value of the neighbourhood. The location is truly exceptional, within walking distance of Faro International Airport and just a 3-minute drive from both Faro Beach and Faro city centre. Whether you are looking to build your dream home or secure a property with outstanding appreciation potential, this is a rare opportunity not to be missed.

Details

Construction Year2000
Gross Area m²456
ElevatorNo
Private Gross Area m²456
Living Area m²- -
GarageNo
Total Lot Size m²760
Price m²446 €
Floor- -

Location

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Andreia Guerreiro

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Origin Listing reference:id. C0358-01185
Publishing date:
Last Update: