€750,000
Covering 34,055 square metres, this rustic land in Algoz, part of Silves, offers significant development potential. It is split into three parcels, with a major section of 17,623.40 square metres designated for industrial and logistics use, alongside a 995 square metre plot for single-family residential purposes and 15,437 square metres remaining as rustic land.
Strategically positioned near the Algoz logistics park, it provides direct access to the A22 motorway and EN 125. The land’s value is linked to the approval of the Vale de Algoz Detailed Plan, which allows for future transformation into urban land for business and commercial activities. The residential area permits the construction of a single-storey home, with a total estimated build potential of 12,336 square metres for the industrial section and 249 square metres for residential use. The location is within a well-established logistics hub, with major companies nearby, and it is conveniently located a short drive from popular beaches and Faro Airport.
The information provided on this webpage has been obtained from sources believed reliable, this may be subject to errors, change of price, prior sale, or withdrawal without notice. Fine Luxury Property Ltd®, it’s partners and collaborators do not guarantee the accuracy of any information contained on our websites.
Property on Map
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