Plot for Construction in Alvor

Plot for Construction in Alvor

Plot for Construction of a 6-Storey Building with 12 Two-Bedroom Apartments – Sesmarias Urbanization, Alvor This urban plot of 200 m² is located on Rua das Tílias, in the Sesmarias Urbanization, Alvor, in an established residential area with good access and excellent appreciation potential. According to the land subdivision permit, the plot allows: • Footprint area: 200 m² • Total gross construction area: 1,200 m² • Maximum number of storeys: 6 + basement for parking, • Total number of dwellings: 12 two-bedroom apartments (possibility to adjust unit typologies) The proposed layout includes two two-bedroom apartments per floor, with the following areas: • Left T2: gross area 92.53 m² | usable area 77.78 m² | dual exposure with balconies facing East and West • Right T2: gross area 84.26 m² | usable area 70.83 m² | orientation East/South, with balcony facing East Location Situated in a quiet residential area with a well-developed urban environment, this plot benefits from excellent solar exposure and proximity to the centre of Alvor, beaches, local commerce, and essential services. The Sesmarias Urbanization is one of the most sought-after areas in Alvor for permanent or tourist housing investment, thanks to its strategic location between Portimão, Alvor, and the EN125 road. Investment Opportunity With potential for development into a 6-storey residential building comprising 12 dwellings, this plot represents an excellent option for developers or investors seeking a project close to the coast and benefiting from high residential and tourist demand in the Alvor region. At iad, we share business opportunities with any real estate consultant or agency. We promote properties on over 200 national and international property portals. If you are a sector professional with a qualified buyer client, please contact me to schedule a viewing. #ref: 745394