Land in Olhão, Olhão

Premium Urban Project in Olhão – 150 Dwellings | 9,108 m² | 23,582.85 m² of Construction | 8,900,000 € A differentiating investment opportunity is presented in the municipality of Olhão, parish of Quelfes, in a strategic location, in the vicinity of the Municipal Stadium and a short distance from the Ria Formosa. It is an urban land with 9,108 m², with an urban project for the construction of 150 housing units, distributed in a balanced and functional way, designed for the development of a moder...Premium Urban Project in Olhão – 150 Dwellings | 9,108 m² | 23,582.85 m² of Construction | 8,900,000 € A differentiating investment opportunity is presented in the municipality of Olhão, parish of Quelfes, in a strategic location, in the vicinity of the Municipal Stadium and a short distance from the Ria Formosa. It is an urban land with 9,108 m², with an urban project for the construction of 150 housing units, distributed in a balanced and functional way, designed for the development of a modern and structured residential condominium. The total planned construction area amounts to 23,582.85 m², including a common basement with 8,382.85 m², intended for parking and technical areas to support the development, ensuring functionality, organization and overall enhancement of the project. Project Features Total land area: 9,108 m² Total construction area: 23,582.85 m² Communal basement: 8,382.85 m² Total number of approved dwellings: 150 146 2-bedroom apartments, with compact and efficient typologies 4 4 bedroom apartments, in more generous areas, aimed at the family or premium segment Planned implementation: 10 independent housing blocks Distribution: 15 apartments per blockThe organization in ten distinct buildings allows a balanced occupation of the land, promoting privacy, functionality and adequate management of the construction density, in accordance with the urban parameters defined for the area by the Municipal Master Plan of Olhão. The existence of a common basement with 8,382.85 m² reinforces the structural component of the development, allowing organized parking, technical areas and storage, an essential element in projects of this scale and increasingly valued by the market. Framework and Potential The project is located in a consolidated urban area of Quelfes, with easy access, proximity to public facilities and quick connection to the center of Olhão, the beaches of the Ria Formosa and the main structuring roads of the Algarve. The dominant T2 typology responds to the consistent demand of the local and tourist market, while the four T4 units add diversity and positioning in a higher segment. Investment Value Sale price: 8.900.000 € The value reflects: The significant size of the land (9,108 m²); The projected gross construction area (23,582.85 m²); The common basement with 8,382.85 m²; The total number of approved dwellings (150 units); The scale and potential profitability of the development in one of the most dynamic areas of...