BUILDING PLOT - LAND IN PORTO, PORTUGAL FROM 1 050 456 💷 GBP
Project approved for a 4 star hotel with 21 rooms bar restaurant terrace swimming pool spa and/or multidisciplinary area for meetings and events.Front view of the Douro River. May also be consulted another project approved by Camara Munipal do Porto
Building Plot for sale in Porto
£1,050,456
Porto, Porto, Portugal
Listed By: RE/MAX on 19.02.2015View all available Building Plot in Porto, Portugal from 1 050 456 💷 GBP on TheMoveChannel.com.
Portugal's Porto region is considered by some to be one of v Europe's most undervalued investment hotspot, which data backs up. For example, rent yields in Lisbon tend to be among the highest on average in the country (over 6 per cent) while demand for re-sale properties across the Algarve remains about as reliably high as it gets. Even during the economic downturn, though, Porto weathered the storm considerably better than most. With prices now climbing once again, the market has become both an attractive place for lifestyle and buy-to-sell investors and a reliable source of rent yields and easy year-round lettings.
Building plots are sections of land that can be purchased by investors and used to build property. Options for a building plot may include a self-build home, although investors can also sell on the land to others at a profit. The value of the land depends on the plot's location and whether it has permission or services in place for construction.
Portugal's Porto region is considered by some to be one of v Europe's most undervalued investment hotspot, which data backs up. For example, rent yields in Lisbon tend to be among the highest on average in the country (over 6 per cent) while demand for re-sale properties across the Algarve remains about as reliably high as it gets. Even during the economic downturn, though, Porto weathered the storm considerably better than most. With prices now climbing once again, the market has become both an attractive place for lifestyle and buy-to-sell investors and a reliable source of rent yields and easy year-round lettings.
Building plots are sections of land that can be purchased by investors and used to build property. Options for a building plot may include a self-build home, although investors can also sell on the land to others at a profit. The value of the land depends on the plot's location and whether it has permission or services in place for construction.