Land for sale in Faro
Montenegro




+5210 000 €Sale
id. 123561150-39
Description
Plot of Land with Approved Project in Alma de Faro | Montenegro, Faro Your next home could start here. I present this 238.50 m² plot of land , with an approved project, forming part of a development comprising 14 plots in Alma de Faro, Montenegro. An opportunity to build in a location that combines proximity to the city with the chance to enjoy the sea and the natural beauty of the Algarve. The concept designed for this development features contemporary-style villas, created to provide comfort and spacious living areas. The proposed design includes four en-suite bedrooms and an open-plan living area combining the lounge, dining room and kitchen. The Alma Luxury Condos project comprises 14 units, each featuring: 360 m² of total living space, including 235 m² above ground level, a 125 m² basement and 25 m² of terraces; 4 spacious bedrooms, all with en-suite bathrooms; A generous open-plan area combining the dining room, living room and kitchen; Swimming pool; Underfloor heating and central cooling system; Ample storage space and fitted wardrobes; A versatile basement that can be adapted into a gym, home cinema or other uses. Note: The areas stated in the original description contain an inconsistency: 235 m² + 125 m² total 360 m², excluding the additional 25 m² of terraces. The plot borders green spaces to the east and benefits from a convenient location close to Faro Airport, the University of the Algarve, the city centre, shops and essential services. Nearby Faro Beach and the Ria Formosa offer excellent opportunities for walks, outdoor activities and relaxing moments by the sea. An attractive option for those looking to build a permanent residence, a holiday home or develop a property project in the Algarve. The advertised price refers exclusively to the sale of the plot of land.
Construction of the villa is not included, and all costs, expenses and responsibilities associated with the building works shall be borne entirely by the buyer.
Contact me to learn more about the project and arrange a viewing of the plot.
Details
Total Lot Area m²
238Elevator
NoParking
NoElectric Car Charging
NoMap
Rooms
Kitchen
Bedroom
Living Room
Mortgage Calculator
Property value210 000 €
Down Payment
21 000 €10%
Amortization Period:30 years
Monthly Payment (*)848,69 €
(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!
The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.
