Land - Carvoeiro, Lagoa, for sale

Carvoeiro-centre: 

This 806 m² plot, which has planning permission for the construction of 9 luxury apartments with private pools and outdoor areas, and a total built area of 1,167.87 m², is centrally located in the heart of Carvoeiro – several beaches, numerous cafés, bars, shops and restaurants are within easy walking distance. Furthermore, it is located in an area designated as a ‘'consolidated residential area’, which allows for a high building density and is included in the ARU zone, which reduces the VAT on the works from 23% to 6% and significantly increases the financial appeal of the project.

Each of the 1-, 2- or 3-bedroom duplex apartments has been carefully designed to maximise natural light – with a variety of orientations, flexible floor plans and private outdoor spaces. The upper floors offer sea views, whilst all apartments showcase a sophisticated balance of contemporary design and understated local character.

The project comprises a private underground car park, a communal garage area and a lift serving all floors. Each apartment has direct or semi-private access.

The project - ready to move forward with licensing and immediate construction - responds to clear market demand and is a great business opportunity with high potential for appreciation and return on investment in a highly sought-after and consolidated area with limited space for new construction. The apartments are suitable as a main residence, a holiday home or a high-quality rental investment, offering a rare opportunity for modern, turnkey coastal living.

- REF: FDREAM

* The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.