Melides Downtown
€1,600,000
Urban Development in Melides
Plot Area 4700 sq. m.
Build Area 800 sq. m.
FOR SALE
1. Build a large family home.
2. Build a condominium of homes.
3. Divide the land in to 8 building plots.
Property Description
Urban Development in Melides
Plot Area 4700 sq. m.
Build Area 800 sq. m.
Three Possibilities
An excellent opportunity to build a large family home up to 800 sq. m. on the outskirts of Melides Village.
Build a small condominium of homes. 8 homes x 100 sq. m. or 4 homes x 200 sq. m.
Divide the land in to 8 building plots for detached homes. This could be any number of homes of 2 to 8.
Location
Walking distance to Melides Village.
A short drive or cycle to the best beach in Melides.
South facing.
The plot is fenced and has an existing borehole.
Excellent access to the property from the N261.
Opportunity
A unique opportunity to build multiple homes within an urban development in Melides.
Ideal to build and sell or build and rent, either for tourism or annual occupation.
For sale below market value.
Asking Price 1.6m
Melides, Portugal is small town in the district of Grandola which covers an area of 162 km2, and boasts approximately 2,000 inhabitants. Melides offers countryside settings, a number of ocean views from the hillside, and deserted beaches.
The small village of Melides, has a lively town centre, a Catholic Church, cafes and a couple of decent restaurants, although our favourite is still the very affordable “O Fadista” which is located in the centre of the town, near to the church.
Christian Louboutin is currently building a boutique hotel and restaurant in the centre of town which should open in 2022/2023.
