Plot of land for sale in Portimão of 815 m²

Exceptional opportunity: This spacious plot, with a total area of 815 m2, offers remarkable potential for the construction of a residential and commercial building.
Characteristics of the terrain:
Total area: 815 m2
Located : Zone des 3 Bicos, Portimao
Municipal Development Plan (PDM): allows the construction of a 4-storey building and a basement for parking
Potential use: ground floor for shops and services, other floors for residential
This land enjoys a privileged location, in the heart of a growing area.
Note that no specific project has yet been submitted to the town hall for this land. However, there is information accepted and provided by the council which informs that, in accordance with the provisions of the Municipal Development Plan (PDM), it is possible to construct a building of 4 floors, with a basement provided for parking.
The ground floor of this future building can be converted into shops and services, thus offering an excellent opportunity for entrepreneurs and shop owners. The upper floors will be dedicated to housing.
Easy access to public transport and road infrastructure. This land therefore offers a privileged living environment for future residents and an attractive investment potential for real estate developers.
It is important to emphasize that the presentation of a specific project to the town hall will be necessary to obtain building permits. However, given the possibilities offered by the Municipal Development Plan (PDM), this land represents a promising opportunity for those who wish to invest in real estate development in Portimao.
Do not hesitate to contact us now for more information or to arrange a visit to the site.
Energy Rating: Exempt
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