Budens, Faro 8650

Urban Land for Luxury Development with Approved Pip - Budens, Vila do Bispo Total Plot Area: 7,640 sqm Approved Construction Area: 2,965 sqm Property Description Excellent investment opportunity in the western Algarve. We present a rustic plot fully integrated within the urban perimeter of Budens, in the municipality of Vila do Bispo, with an approved Prior Information Request (Pip) and favorable opinion from the Municipal Council. The approved project allows for a subdivision development of 17 villas, ideal for developers seeking to create a premium residential condominium or a townhouse/detached villa project in one of the Algarve's most preserved and sought-after areas. Approved Project Details (Valid PIP) Capacity: 17 residential plots Typology: 3-bedroom villas (including detached and semi-detached/townhouse units) Building Height: Up to 2 floors Planned Infrastructure: The urban layout already includes optimized allocation for roads, sidewalks (1,470 sqm), and public green areas (517 sqm) Ready to Proceed: Exempt from external environmental authority approvals (simplified process) and with the municipality's pre-emption rights already waived Location and Strategic Distances Located in the peaceful and charming village of Budens, the land combines the tranquility of the Southwest Alentejo and Vicentine Coast Natural Park with proximity to stunning beaches, golf courses, and urban amenities. Salema Beach: 3 km (just 5 minutes by car) - one of the region's most beautiful and authentic beaches Boca do Rio Beach: 3.5 km (6 minutes) Santo António Villas, Golf & Spa (Golf Course): 1.5 km (2 minutes) - ideal for golf lovers Vila do Bispo (Municipal Center): 8 km (8 minutes) Lagos City (Marina, Train Station & Services): 16 km (15 minutes) Sagres & Cape St. Vincent: 17 km (15 minutes) Faro Airport: 99 km (approx. 1 hour via the A22 Motorway) Investment Potential At only 153.80 per square meter of land, and considering the scarcity of developable land in the municipality of Vila do Bispo, this asset represents a highly secure and attractive investment opportunity focused on the mid-to-high-end residential market. For further information, access to the master plan and municipal documentation, please . Ref:Usg029/2025