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Global Properties

Land in Faro, Portugal No. 143592

$ 23 514 000
Faro, Portugal
Parameters
ID
143592
Type
Land
Land area, m²
45400
Property description
Land with 45.400m2 with feasibility of construction of several Buildings, located in residential area, near Services, Schools, Commerce, Supermarkets, Hospitals in the vicinity of accesses to Faro Beach and Faro International Airport.

The land has approved project for construction of allotment operation (about 18 lots), integrated in urban soil, being the dominant use in the area of intervention of the PP - housing. It is classified in the Faro PDM, in the categories of space: Consolidated housing spaces (1 to 4); Housing spaces to be consolidated; Housing spaces with controlled costs to be consolidated; Tourist Spaces, Special Use Spaces - Green Spaces; Equipment spaces.

Come and meet this new housing, services or tourist business opportunity.

We wait for you, make an already an opinion.

Algarve city, seat of municipality and district capital, is located in the Algarve. It is situated on the southern coast of mainland Portugal, being separated from the Atlantic Ocean by several so-called Faro ria and sandy islands.
It is bordered to the north by the district of Beja.

The municipality has 201.2 km2 and has six parishes: Faro (S. Pedro), Faro (Sé), Conceição, Santa Bárbara de Nexe, Estói and Montenegro. Not exceeding 20 meters of altitude, it is 298 kilometers from Lisbon and 548 kilometers from Porto.

In 2005, the municipality had 58,060 inhabitants, the natural or inhabitant of Faro is called Farense.

The city is served by roads, railways and an airport. Faro is an area of intense tourism, not only in the bathing season but also in the months of January and February, during which the flowering of almond trees transmits to the Algarve landscape an amazing beauty.

The district stretches from west to east and features a vast south coast, where it is facing, and a sparse western coastline. It has the particularity of encompassing the entire Algarve region, which is subdivided into three sub-regions: mountains, barrocal and coastline, in this order from the interior to the coast. The mountain reaches 902 meters of altitude in Foia, constituting as a natural border between the Lower Alentejo and the Algarve. The barrocal is a narrow strip dominated by the heaths and the coastline is more rugged to the west than the east, along an extension of more than 200 kilometers.

The climate is temperate, mediterranean in feature. Its mild temperatures, with mild winters and hot, dry and long summers, together with the vast seafront, are strong attractions for tourism.
Statistics Faro
$ 4 641
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 163
2-Room Apartment
$ 934
Apartment Purchase Price per m²
In the City Center
$ 4 641
Outside the City Center
$ 3 571
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
69
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
28
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
46
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.13
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.38
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.36
Domestic Beer (0.5 liter draught)
$ 2.35
Imported Beer (0.33 liter bottle)
$ 2.35
Coke/Pepsi (0.33 liter bottle)
$ 2.35
Water (0.33 liter bottle)
$ 1.65
Cappuccino (regular)
$ 2.00
Markets
Milk (regular), (1 liter)
$ 1.20
Loaf of Fresh White Bread (500g)
$ 1.56
Eggs (regular) (12)
$ 3.39
Local Cheese (1kg)
$ 14.57
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.30
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.09
Cigarettes 20 Pack (Marlboro)
$ 6.71
Apples (1kg)
$ 2.68
Chicken Fillets (1kg)
$ 6.38
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 1.52
Lettuce (1 head)
$ 1.46
Rice (white), (1kg)
$ 1.86
Tomato (1kg)
$ 2.70
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.56
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.43
Transportation
One-way Ticket (Local Transport)
$ 3.53
Monthly Pass (Regular Price)
$ 43.56
Gasoline (1 liter)
$ 2.01
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 371
Taxi Start (Normal Tariff)
$ 3.89
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 22.37
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 331
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 142
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.50
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.46
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 435
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.74
Tennis Court Rent (1 Hour on Weekend)
$ 22.37
Cinema, International Release, 1 Seat
$ 11.77
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.56
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.74
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 108
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 482
International Primary School, Yearly for 1 Child
$ 12 766
Contact seller
Contact seller

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