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Listing creator
Principal representative
Code: #11786
KYC status:
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: