Private Introduction · Portugal
Land in Tavira (70489)
Plot in Tavira — €2,700,000.
- Price
- From EUR 2.70M
Introduction
Land comprising two plots of 15,545 sqm, with Previous Information Request (PIP) approved by Tavira City Council, for a gated community, a few minutes from the beach, in Tavira, Algarve. Plot I, of 3,400 sqm and south-facing, foresees the construction of two buildings with 50 apartments (depending on type), with underground garage and potentially a swimming pool.Plot II, of 12,145 sqm, foresees the construction of 18 villas, detached and semi-detached, with private swimming pool.Plots with prime location and good potential yields.Located right on the seafront, 5-minute walking distance from the beach. It is also a 5-minute driving distance from the Tavira coach station, 5 minutes from the Municipal Market and Tavira railway station, 45 minutes from Faro Airport, and two and a half hours from Lisbon and Seville Airport.
Why This Opportunity
Prime Faro location
Located in Tavira, Faro, Portugal — a sought-after part of the market.
Priced at €2,700,000
On the market at €2,700,000.
Studio homes
Layout up to 15500 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)
International gateway for the whole Algarve, west along the A22. [~35 km / 30 min]
A22 Via do Infante
Algarve motorway giving fast access to Faro and the Spanish border. [~5 km / 10 min]
Tavira Railway Station
Stop on the Linha do Algarve regional line. [In town]
Nearby
Roman Bridge & Gilão River
Historic multi-arch bridge spanning the river in the centre. [In town]
Ilha de Tavira
Long sandbar-island beach reached by ferry from the town. [Ferry ~10-15 min]
Castelo de Tavira & Santa Maria do Castelo
Moorish castle ruins and the church built on the old mosque. [In town]
Tavira Salt Pans & Ria Formosa
Working salt flats and lagoon edge frequented by flamingos. [Edge of town]
Schools
Eastern Algarve International School (EAST)
Modified British National Curriculum, primary years, in Tavira. [In town]
Nobel Algarve British International School (Almancil)
English National and Portuguese curriculum through to A Level, ages 3-18. [~40 km / 35 min]
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