Residential House for sale in Pechão, 76 m²

Pechão, Olhão

Residential House

EUR 95,000

• 2 bedrooms
• 1 bathrooms
• 76 sqm

We present an excellent investment opportunity at Sítio de Belmonte, between Olhão and Pechão, in a quiet area, easily accessible and just minutes from the city of Olhão and Ria Formosa. This is a ruin situated on a plot of 80 m², sold with approved architectural project, approved specialties and building license already issued, allowing work to commence immediately, without the need to wait for the municipal licensing process. The project includes the construction of a contemporary single-family dwelling with two floors, with a gross construction area of 76 m². On the ground floor, a social area is planned consisting of a living room and kitchen in a functional concept, a bathroom and a pleasant outdoor space of approximately 20 m², ideal for creating an outdoor leisure area. The upper floor includes a mezzanine and a technical area, offering the possibility of future adaptation of these spaces into bedrooms or other spaces, according to the needs of the new owner. The acquisition of this property represents significant time and cost savings, as all administrative and technical components are completed. The currently estimated timeline for completion of the work extends until Mar…