Approved project for retirement village or resort

8600-013 Barão de São João
Property • 2535.23 m² • ref: 146068
AUD 10,238,470
We're thrilled to present an exceptional opportunity-a building plot with an approved project for a retirement village / resort. Spanning 27,288.93 m2 of land, this plot has received full approval for the development of a 4,160 m2 retirement village, with 51 rooms / units (17 x 2 story buildings of 250m2) - providing a turnkey solution for investors or developers looking to tap into this burgeoning market segment. The approved project includes all necessary building permits, allowing for immediate commencement of construction. While the project has been approved, there's still flexibility for you to provide input on the design, ensuring your vision aligns perfectly with the needs of senior citizens seeking comfortable and supportive living environments. Situated within the development opportunity of a hotel and residential village adjacent to the breathtaking Espiche Golf course, this project embodies ethical and innovative principles. Picture vast green spaces and a low build density seamlessly integrated with the stunning natural surroundings, offering residents a serene and picturesque setting. If you're eager to explore this opportunity further and make a meaningful impact in the senior living sector, we're here to provide you with more details and discuss how we can move forward with this exciting venture. Let's connect and explore how this building plot with an approved project for a retirement village can align with your investment goals and aspirations. Location: Situated adjacent to the existing award-winning Clubhouse and golf course. Enveloped by protected countryside, offering panoramic views over the National Reserve and Monchique mountain range. Conveniently located a 10-minute drive from the historic maritime town of Lagos. The nearest village of Espiche is just 2 km away, providing easy access to local amenities. The nearest beach is a short 3.5 km drive from the resort, offering pristine coastal landscapes. Faro International Airport is approximately 60 minutes away by car, ensuring convenient travel connections. Lisbon is a 2-hour 30-minute drive away, while Seville is accessible within 3 hours. Why Portugal, Why the Algarve? Portugal's EU membership guarantees a stable and secure environment for investors, underpinned by a robust legal system. Ranked third in the 2019 Global Peace Index by Vision of Humanity, Portugal demonstrates a commitment to peace and stability. The Algarve has historically attracted multinational corporations, offering a secure and enjoyable living experience for both residents and investors. Renowned for its stunning beaches and world-class golf courses, the Algarve offers a diverse range of recreational activities for sports enthusiasts.

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Living2535.23 m²

Barão de São João

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Views and orientation extracted by AI.
Panoramic view on countryside
Energy efficiency ratingNo data
Environmental (CO₂) impact ratingNo data