6.5ha approved residential, Algarve.

Approved residential development land of 6.5 hectares in the Algarve, Portugal's premium coastal region, offered at €12.5 million through a private vendor. The combination of planning consent and land scale in the Algarve represents an increasingly rare acquisition opportunity as the region's planning authorities have significantly tightened the consent framework for new residential development in recent years.

6.5 hectares of approved residential development land in this market provides a developer with the capacity for a substantial scheme — villa plots, a gated community, or a mixed residential product targeting the international buyer market that consistently drives Algarve residential demand. The land value per unit reflects compelling economics for a developer able to deliver quality product into a market where supply of new luxury residential remains constrained.

The vendor is a private individual. Full planning documentation, topographical surveys, and scheme concept are available to credentialled development buyers. TBA can facilitate introduction and coordinate the due diligence and acquisition process.