Price Recently Reduced From 500.000 Euros To 468.000 Euros. Nestled atop a tranquil hill in the heart of the Eastern Algarve, near Moncarapacho, Olhão, this exceptional estate spanning a total area of 21,706m² presents a rare opportunity to acquire a buildable parcel of land offering panoramic vistas of both the sea and mountains and remarkable development potential. At its centre lie the evocative ruins of an old windmill, a timeless reminder of the regions heritage and the inspiration for the propertys id...

Approved Project | High Profit Potential | Strategic Location

712 m² plot located in a modern and quiet residential area in Olhão, one of the fastest-growing and most in-demand areas of the Algarve.

Approved project for a 6-storey building
Licenses ready for payment - construction can start immediately
20 apartments (T2, T3 and T4) with generous areas
Top floor with private terraces of approx. 80 m²
Basement with garage and storage rooms
4 commercial shops on the ground floor - guaranteed extra income

This pr...

House on a fully urban plot with the capacity for a 5-storey building.
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Plot for construction of a 3-storey building in the heart of downtown Olhão, just a few metres from the marina and the piers for boarding to the islands. A prime location, surrounded by traditional shops, restaurants and authentic Algarve life, with great potential for appreciation!

Project Features:

9 modern apartments with areas ranging from 76m² to 143m².

Various types: 1 1-bedroom, 4 2-bedroom and 4 3-bedroom apartments - perfect for families, couples and investors.

9 garages in boxes, ensuring comfort and ...