Investment Opportunity in the Algarve Mixed-Use Plot with Residential and Touristic Potential
Description
Investment Opportunity in the Algarve Mixed-Use Plot with Residential and Touristic Potential
Located in Hortas, Vila Real de Santo António, this 2,530sqm mixed-use plot presents an excellent opportunity both for investment and for the development of a permanent residence or holiday home. Positioned alongside the National Road N125, it enjoys a strategic location between the town and the coastline, just minutes from the renowned beaches of Monte Gordo and the charming Praia Verde.
The property comprises three urban plots totaling 414.5sqm of buildable area, including two structures in ruins and a single-storey house with renovation potential. It also features its own well and a 10-meter frontage to the main road, offering the possibility of land division ideal for phased or multi-unit development.
Its versatility, combined with the calm surroundings, makes it particularly appealing for those seeking a residence in the Algarve whether as a primary home, a holiday retreat, or for short-term rental purposes.
Moreover, the property offers strong potential for future appreciation, especially with the anticipated revision of the Municipal Master Plan (PDM), which may significantly increase the building capacity of the site.
A unique space with character, in a prime location, with room to grow ideal for living or investing.
We are fully available for any further information or to schedule a visit to the property.
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