Development Plot for Sale in Vila Real de Santo António, Algarve, Portugal

This listing features a substantial plot of land designated for development in Vila Real de Santo António, located in the desirable Algarve region of Portugal. Spanning 1.24 hectares (12,400 sqm), this property is situated within an urban and industrial zone, offering versatile usage rights that include housing, industrial operations, hotel facilities, commerce, and services. The development potential is significant, with permitted building heights ranging from 6 to 8 floors and a maximum gross buildable area of 36,500 sqm. The plot boasts a rectangular shape with over 120 meters of frontage along the main city avenue, providing attractive views of the Guadiana River, the marina, and the Spanish border. Its strategic location is further enhanced by its proximity to Faro International Airport (55 km away) and major transport links to Lisbon, Seville, and Madrid. This offering is ideally suited for investors and developers looking to undertake a large-scale project in a prime Portuguese location.