LAND WITH EXISTING VILLA
€2,200,000
4 bedrooms | 2 bathrooms | 536 sqm build | 20,400 sqm plot | Planning permission secured | Sea views | Ria Formosa Natural Park | Faro Airport 15 mins | Existing structure on site A rare development opportunity on the western edge of the Ria Formosa Natural Park. This substantial coastal plot of 20,400 sqm sits within one of the Algarve's most protected and prestigious natural landscapes, with commanding sea views and planning permission already secured for a four-bedroom villa of 536 sqm. Olhão is one of the eastern Algarve's most characterful towns — a working fishing port with a distinctly authentic atmosphere, a thriving market, and direct ferry access to the barrier islands of the Ria Formosa. The natural park itself is a UNESCO-recognised ecosystem of lagoons, sandbars, and migratory birdlife, with some of the region's most unspoilt beaches accessible by boat. Faro International Airport is approximately 15 minutes by car. The plot comes with an existing structure dating from 1900 and approved planning permission for a four-bedroom villa — removing the most significant hurdle in any development project of this kind. The scale of the land, the protected natural setting, and the sea views combine to create a genuinely compelling canvas for a bespoke private residence. Buildable coastal land of this size within the Ria Formosa Natural Park is exceptionally scarce. Strict planning regulations governing the area mean that opportunities of this nature rarely come to market, underpinning both the land's intrinsic value and its long-term appreciation potential.
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