Urban Land  Faro, Olhão, Olhão
Sale179.000 €
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*Mandatory fields

REDE REAL Loulé / Vilamoura / Faro View all client properties
Property Information
Net Area --
Land Area 163 m²
Status Not Applicable
Construction Year --
Description

Urban plot in structuring areas I of the Olhão PDM, with 163.80m2, facing two streets, located in the city center, for the construction of a multi-family building (ground floor for stores and 4 floors above level 0) for commerce and housing.

It has a request for prior information with a positive opinion from the CMO for the construction of a 5-storey building, with an average height of 15.30m, totaling 728.15m2. On the ground floor there are two stores and the remaining floors are for residential use, with approval for the construction of 4 apartments and a store on the ground floor.

ABC Floors 1 and 2 = 163.80m2
ABC 3 = 152.15m2
ABC 4 and 5 = 124.20m2

About Olhão:
The municipality of Olhão is located in the East and Central Algarve, occupying a total area of approximately 130 km2. It is confronted to the east and north with the municipality of Tavira, to the west with the municipality of Faro and to the south with the Atlantic Ocean.

The entire coastal area of the municipality of Olhão is part of the Ria Formosa Natural Park, one of the most important wetlands in Europe, recently distinguished as one of Portugals Natural Wonders.

The municipality of Olhão consists of 5 parishes: Olhão, Fuseta, Moncarapacho, Pechão and Quelfes. All extend to the coast.

This is one of the five most populated counties in the Algarve, and around 10% of the regions inhabitants live there.

According to the 2011 Census, approximately 45 thousand inhabitants live in the municipality of Olhão, which means that the population of Olhão grew 23% between 2001 and 2011.

At present, the municipality has excellent accessibility, with the two links to the motorway in the region, A22, also known as the Via do Infante, being noteworthy.

Fishing and the canning industry continue to be key elements of the municipalitys economy, although construction, trade and real estate activities are also important.

The strong investment in tourism opens a new horizon for the municipality of Olhão. The recent marina, the requalification of the riverside area and the construction of luxury hotels are all steps in the long journey of progress and dynamism in this municipality.
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Features
  • Surroundings
    • City Center
    • School
    • Train Station
    • Bus Station
    • Pharmacy
    • Taxi Rank
    • Public Transport
    • View to City
  • Areas
    • Land Area:163.80m²
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