Building with PIP for apartment construction

A row of houses situated on a 617m² plot, strategically located in Alto Rodes area, in Faro. This property stands out for its enormous potential for appreciation, making it an unmissable opportunity for investors and developers. With a favorable and valid Prior Information Request (PIP), the approved project includes the construction of 7 modern and functional apartments: 6 two-bedroom (T2) units and 1 one-bedroom (T1) unit.
The development also features 9 surface parking spaces, 7 private storage rooms, and an interior patio offering a comfortable and peaceful environment. The authorized gross construction area is 1,006m², spread across 4 floors, ensuring excellent space utilization. Its prime location in the heart of Faro, combined with the project’s feasibility, makes this an ideal solution for those looking to invest in the region’s booming real estate market.