Land for sale in Faro

Land in Faro with virtual tour

Montenegro

420 000 €

Buy
id. 123561012-538

435 m²

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NC

Description

LAND IN MONTENEGRO WITH PREVIOUSLY APPROVED PROJECT

Potential for the development of a two-family residential property | Faro

Excellent investment opportunity in Montenegro, Faro, strategically located near Faro International Airport and with excellent access to the main areas of the Algarve.

The plot stands out for its residential development potential, having previously benefited from an approved project for the construction of a two-family residential property, providing an important reference regarding the development potential of the land.

📍 MAIN FEATURES

  • Plot located in Montenegro, Faro;
  • ✈️ Close to Faro International Airport;
  • 🚗 Excellent accessibility;
  • 🛣️ Just a few minutes from the main routes providing access to:
    • Faro Beach;
    • Faro city centre;
    • Western Algarve;
    • Eastern Algarve;
    • Via do Infante (A22 motorway);
  • 🏘️ Located in a growing residential area with strong appreciation potential;
  • 🏗️ History of a previously approved project for a two-family residential property.

🏡 DEVELOPMENT POTENTIAL

The existence of a previously approved project for a two-family residential property demonstrates the potential of the plot for residential development.

The 3D images shown in the listing relate exclusively to the project that was previously approved and are intended solely to illustrate a possible development solution for the land.

⚠️ IMPORTANT INFORMATION

The plot is sold in its current condition.

The project shown was previously approved. The 3D images should therefore not be interpreted as representing a project that is currently approved or as evidence of a valid building permit.

Any new project, amendment or possible reinstatement of the previous project must be confirmed with Faro City Council and will be subject to the planning and legal requirements applicable at the time.

📈 AN OPPORTUNITY IN MONTENEGRO

The strategic location, proximity to the airport, excellent accessibility and history of a project for the construction of a two-family residential property make this plot an interesting opportunity for investors and developers looking to undertake a residential project in Montenegro.

A strategic location. A plot with a history of an approved project. An interesting development opportunity. 

Details

Private Gross Area m²- -
Gross Area m²- -
Total Lot Size m²435
Living Area m²- -
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms- -
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
420 000 €
Monthly Payment (*)
0 €

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.