Property For Sale Algarve,Portugal

For sale by real estate agent - Algarve

Property for sale

Land with Approved Project in Alcantarilha, Algarve, Portugal

$664,823 | £496,790 | €595,000
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ForSale SqFt Area 0Baths 0Beds
Land with Approved Project in Alcantarilha, Algarve, PortugalA unique development opportunity with Outline Planning Permission to construct a Retirement Village/Seniors Community.A plot size of 150,000 sqm. of agricultural land, gently sloping in an elevated position provides fantastic panoramic views, looking South out over orange groves and Amendoeira Golf resort to the coast. in a quiet location there is ample space to develop gardens, sporting and exercise facilities to serve the community.The complex comprises 5 buildings, 4 buildings of 1 or 2 storeys housing 18 apartments of 1 or 2 bedrooms, and an Administration building on 3 levels with medical care facilities, restaurant and reception area. 1 indoor and 1 outdoor swimming pools, and 42 bays for car parking.Total construction area is 3,899 sqm. Over 2500 sqm for the habitational buildings and 1334.30 sqm for the communal building.Access is good and it is centrally located just 5 minutes from the market towns of Alcantarilha and Algoz, 10 minutes from the medieval town of Silves and only 10 minutes from the coast. Amendoeira golf course is 5km and Pestana's Silves golf is 13 minutes. The train station is 2km and Faro airport is 52km.About the area:The Algarve, Portugal's southernmost region, is known for its Mediterranean beaches and golf resorts.Whitewashed fishing villages on low cliffs overlooking sandy coves were transformed in the 1960s, and now its central coast between Lagos and Faro is lined with villas, hotels, bars and restaurants. Alcantarilha is a former civil parish in the municipality of Silves, Portugal.
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