Land for Large-Scale Residential Development – Quelfes, Olhão
EUR 8,900,000
- 2536 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Faro
City
Olhao
Address
Quelfes
Posted
Feb 19, 2026
Description
An excellent real estate investment opportunity in Olhão, located in the parish of Quelfes, one of the fastest-growing and most sought-after residential areas in the Algarve. This plot of land has a total area of 9,180 m² and is designated for residential construction, with development potential for up to 150 housing units.
The proposed development allows for the construction of 146 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4), with a total build area of 3,485 m², meeting current market demand for modern and functional housing.
The location benefits from close proximity to local amenities, retail, schools and main road connections, ensuring excellent accessibility and strong commercial appeal. Situated in a consolidated and continuously appreciating area, this asset is particularly attractive to developers and investors seeking projects with high return potential.
This land offers ideal conditions for the development of a modern residential project, supported by strong local and regional demand, and benefiting from the ongoing appreciation of the Olhão and Algarve property markets.
A strategic opportunity for secure and sustainable investment in one of southern Portugals most dynamic real estate markets. - REF: AB022 OH
The proposed development allows for the construction of 146 two-bedroom apartments (T2) and 4 four-bedroom apartments (T4), with a total build area of 3,485 m², meeting current market demand for modern and functional housing.
The location benefits from close proximity to local amenities, retail, schools and main road connections, ensuring excellent accessibility and strong commercial appeal. Situated in a consolidated and continuously appreciating area, this asset is particularly attractive to developers and investors seeking projects with high return potential.
This land offers ideal conditions for the development of a modern residential project, supported by strong local and regional demand, and benefiting from the ongoing appreciation of the Olhão and Algarve property markets.
A strategic opportunity for secure and sustainable investment in one of southern Portugals most dynamic real estate markets. - REF: AB022 OH
Finished sq. ft.
2536 sq m
Lot Size
9108 sq m
IMLIX ID
AB022 OH
- 1 Views