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Global Properties

Land in Tavira, Portugal No. 349617

$ 4 801 920
Tavira, Portugal
Parameters
ID
349617
Address
rua Joao Levante
Type
Land
Property description
Excelente oportunidade de investimento no coração da Luz de Tavira. Este terreno urbano, com 20.630 m², destaca-se pela sua localização privilegiada no centro da vila, numa zona calma e residencial, mas com fácil acesso a todas as comodidades e principais vias de comunicação. Com um enorme potencial de desenvolvimento, o loteamento prevê a possibilidade de construção de 9 lotes destinados a edifícios de 3 pisos acima do solo, com cave e estacionamento. O projeto anteriormente aprovado – atualmente a necessitar de revalidação junto da Câmara Municipal – contemplava a edificação de um conjunto habitacional com mais de 114 apartamentos, distribuídos em 96 unidades T2 e 18 unidades T3, integrados em vários edifícios modernos e funcionais. Este terreno apresenta-se como uma excelente oportunidade para investidores ou promotores imobiliários que procuram desenvolver um projeto de referência numa das zonas mais procuradas do Sotavento Algarvio. Excellent Investment Opportunity in the Heart of Luz de Tavira This urban plot, with a total area of 20,630 m², stands out for its privileged location in the centre of the village, set in a quiet residential area while offering easy access to all amenities and main transport links.
With tremendous development potential, the subdivision allows for the construction of 9 plots designated for buildings of three floors above ground, with basement and parking facilities. The previously approved project – now requiring revalidation by the Municipal Council – envisioned the construction of a residential complex with over 114 apartments, distributed across 96 two-bedroom units and 18 three-bedroom units, integrated into several modern and functional buildings. This land represents an outstanding opportunity for investors or property developers looking to create a landmark project in one of the most sought-after areas of the Eastern Algarve. .
Features
Outdoor features
  • Car park
Statistics Tavira
$ 3 318
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Tavira
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 132
2-Room Apartment
$ 937
Apartment Purchase Price per m²
In the City Center
$ 3 318
Outside the City Center
$ 3 324
Crime Index
29
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
71
Traffic CO₂ Index
0
Traffic Inefficiency Index
0
Rent Index
25
Health Care Index
89
Groceries Index
N/A
Pollution Index
24
Traffic Commute Time Index
15
Restaurant Price Index
48
Climate Index
98
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
19
Restaurants
Meal, Inexpensive Restaurant
$ 12.88
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.84
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.37
Domestic Beer (0.5 liter draught)
$ 2.05
Imported Beer (0.33 liter bottle)
$ 1.76
Coke/Pepsi (0.33 liter bottle)
$ 1.60
Water (0.33 liter bottle)
$ 1.17
Cappuccino (regular)
$ 2.56
Markets
Milk (regular), (1 liter)
$ 1.05
Loaf of Fresh White Bread (500g)
$ 1.34
Eggs (regular) (12)
$ 3.45
Local Cheese (1kg)
$ 15.50
Water (1.5 liter bottle)
$ 0.58
Bottle of Wine (Mid-Range)
$ 4.68
Domestic Beer (0.5 liter bottle)
$ 0.95
Imported Beer (0.33 liter bottle)
$ 1.93
Cigarettes 20 Pack (Marlboro)
$ 6.09
Apples (1kg)
$ 2.92
Chicken Fillets (1kg)
$ 2.93
Oranges (1kg)
$ 1.76
Potato (1kg)
$ 2.11
Lettuce (1 head)
$ 1.60
Rice (white), (1kg)
$ 1.39
Tomato (1kg)
$ 2.80
Banana (1kg)
$ 1.42
Onion (1kg)
$ 1.74
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 22.83
Transportation
One-way Ticket (Local Transport)
$ 3.51
Gasoline (1 liter)
$ 1.96
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 180
Taxi Start (Normal Tariff)
$ 3.81
Taxi 1km (Normal Tariff)
[:nprice_108:]
Taxi 1hour Waiting (Normal Tariff)
$ 19.91
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 896
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 104
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 44.89
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 30.56
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 46.84
Tennis Court Rent (1 Hour on Weekend)
$ 17.56
Cinema, International Release, 1 Seat
$ 8.20
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 70.26
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 70.26
1 Pair of Nike Running Shoes (Mid-Range)
$ 46.84
1 Pair of Men Leather Business Shoes
$ 99.53
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 615
International Primary School, Yearly for 1 Child
$ 10 378
Contact seller
Contact seller

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