Listing creator
Principal representative
Code: #11786
KYC status:
Approved Residential Development | 6.5 Hectares | Algarve, Portugal
Selling
Commercial Real Estate
Approved Residential Development | 6.5 Hectares | Algarve, Portugal
Price: 12,500,000 EUR
Created: 24/07/2026
Team Parnexus has seen the following proof:
Redacted Legal document
- Asking price:12,500,000 EUR
- Readiness to sell:Immediately
- Selling principal profile:Private individual
- Listing creator profile:Principal representative
- Ownership status:Privately owned
Age / year:
na
Location:
Portugal
Teaser Description
A fully approved mixed-use tourism and residential development in a prime Algarve coastal village is available for acquisition at €12.5M. Engineering approvals in final validation stage with no material constraints anticipated. Executive project complete — ready to build.
The development:
- c. 4 apartment buildings - c. 30 units ranging from 1 to 4 bedrooms, including penthouse duplex, terrace and garden duplex typologies
- c. 5 five-bedroom villas, each with private garden and pool
- Reception building with 6 studios, bar, spa, pool, and gym
- Sports facilities — tennis, padel, cycling track, and green park
- Total GIA c. 16k sqm across c.20k sqm gross area
- Structured in two phases
Location:
- One of the Algarve's most authentic and exclusive coastal towns - walking distance to the beach, close to marina, iconic beaches, gastronomic scene, and renowned golf courses. Approximately 45 minutes from Faro International Airport.
Platform Terms Reminder:
- Members must be principals or direct representatives
- Misleading communications result in immediate removal
- No introductions without relevant asset ownership
Listing creator
Principal representative
Code: #11786
KYC status: