Private Introduction · Portugal
Land in Faro (89577)
Plot in Faro — €1,400,000.
- Price
- From EUR 1.40M
Introduction
Land with 2,917 m² for construction of 1 multifamily building with a total of 3,200 m² of gross construction area, located in the BARBARA 1271 development, in the village of Santa Bárbara de Nexe, in the Algarve. The published photos are illustrative of the already approved project.The BARBARA 1271 development consists of a wide variety of construction plots. Santa Bárbara de Nexe, a village with history, where the Main Church from 1271 and the Portuguese cobblestone streets stand out, the project offers a location to live in contact with nature. The proximity to markets, golf courses, beaches, hospitals and Faro Airport combines urban and natural elements, ensuring quality of life.
Why This Opportunity
Prime Faro location
Located in Faro, Faro, Portugal — a sought-after part of the market.
Priced at €1,400,000
On the market at €1,400,000.
Studio homes
Layout up to 3200 m².
~5% estimated gross yield
Estimated 6% annual capital growth for Faro (market-level estimate).
The Area
Where it is
Getting around
Faro Airport (FAO)
The Algarve's main international airport, on the edge of the city. [~7 km / 10 min]
A22 Via do Infante
Regional motorway linking Faro east and west across the Algarve. [~5 km / 10 min]
Faro Rail & Coach Hub
Regional rail terminus on the Linha do Algarve plus VAMUS and long-distance coaches. [In town]
Nearby
Cidade Velha (Old Town)
Walled medieval quarter with the Arco da Vila and the Sé cathedral. [In town]
Ria Formosa Natural Park
Protected lagoon of barrier islands, salt marsh and birdlife. [On the doorstep]
Praia de Faro
Long barrier-island beach on the Ilha de Faro. [~9 km / 15 min]
Marina de Faro
Waterfront marina and departure point for Ria Formosa boat tours. [In town]
Schools
Nobel Algarve British International School (Almancil)
English National and Portuguese curriculum, Cambridge/Edexcel exams, ages 3-18. [~13 km / 15 min]
Colégio Internacional de Vilamoura (CIV)
British/Cambridge and IB Diploma pathways, ages 3-18, Vilamoura. [~20 km / 25 min]
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