Property Details

Development Land For Apartments And Villas

Development Land For Apartments And Villas

On Sale €4,600,000 - Terrain / Plot / Land
Parque da Penina is an exciting new development situated in a prime position in the Algarve. The development site is immediately adjacent to Le Méridien Penina Golf & Resort and benefits from incredible views over the golf course.Total Site Area 10.35 acres 4.18 hectares. Detailed previously approved plan for 76 Apartments & 4 Villas with Pools.

Planning permission has been previously approved for 6 buildings containing a mixture of generously appointed T2, T3, and T4 units with over sized terraces, on site parking, swimming pools, and unparallelled views.

A Golfer’s Paradise
The Algarve, often referred to as “the Florida of Europe”, was recently voted Europe's Top Golf Destination with the Championship course at Le Méridien Penina being widely regarded as one of the finest in all of Portugal.

Investment Opportunity
Development Land for Tourist Apartments & Villas in a Prime Location in Portugal's Algarve Region. Total Site Area 10.35 acres 4.18 hectares. - REF: U245

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