Plot Formoso

Unique investment opportunity in Tavira
This plot has an area of 5233M2, with allotment license approved for the construction of 2 blocks of 16 apartments each ,32 total ,witch can be more depending on the sqm of each unit . Tavira planning permission allows a maximum of 6279 M2 construction area with Residential, Hotel, Services / Commerce authorization for this plot , thus opening a greater range of investment possibilities
This incredible plot is located on the outskirts of Tavira, on the edge of the Ria Formosa Natural Park, a short walk from the center, with an excellent 180 degree view of the sea from the ground floor, through the Ria Formosa Natural Park, Cabanas, Ilha de Tavira and went to the charming city of Tavira with certainty that there is no possibility of construction in front of the land.
Algarve Sotavento €2.500.000
  • 5,233 Sq M
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  • Plot 5233m2
  • Projects for 2 blocks of 16 appartments (4480m2)
  • Max. Index of Construction 1.2 (6279m2 max. Constr.)
  • Land authorization: Residential, Hotel, Services/Commerce;

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