Plot of land Urban Parchal Lagoa (Algarve) - great location

Urban plot for a construction intended for commercial activity, 155sqm, excellent location, in a very central area of Parchal.

5 minutes from Ferragudo and some of the closest beaches.

Next to schools and several other types of social facilities such as Pharmacies, Banks, Post Office, Train Station and shopping area (LIDL, HOMA and STAPLES)

An opportunity to build, from scratch, a small clinic, study center or any other business whose construction meets very specific criteria.

Halfway between the cities of Lagoa and Portimão.

ADVANTAGES OF THE SMALLEST URBAN LAND LOTS:

1. Easy to find close to or within city centers, they have the huge advantage of being close to all types of social and commercial facilities, just a few minutes' drive from vital structures such as health centers, hospitals, schools, etc. ;
2. They are cheaper;
3. More easily financed;
4. Better positioned than larger lots located in rural areas, these small urban lots are less sensitive to real estate market fluctuations; they are more valuable in the event of a price increase and more resistant to a fall;
5. Above all, they are resold more easily and at better prices.

CURIOSITIES:

«Located on the left bank of the River Arade and detached from Estômbar on 20 June 1997, Parchal is the most recent parish in the municipality of Lagoa, covering an area of 4.5 square kilometers.
The place name Parchal seems to derive from Parchel or Praxel, the name that designated the old Franciscan convent located in the neighboring village of Calvário, in the parish of Estômbar. The word Praxel, which comes from Arabic, [citation needed] means a flooded or flooded place, precisely as the lands of Parchal were at their origins, constantly invaded by the tides of the River Arade...
Rudimentary and family agriculture first, and fishing and canning industry later, were the centers of attraction for the creation of a first housing nucleus located in front of Portimão and connected to this city by the then new bridge of the Rio Arade. At the height of fishing activity and the canning industry, several factories that represented employment and attracted more and more people to the place settled in the territory that currently corresponds to the parish. When in the mid-70s, the canning industry started to decline, Parchal was already a consolidated housing space, with a strong connection to Portimão, where a considerable part of its population performed activities related to fishing, trade and services...
The creation of the parish in June 1997 and the elevation to the category of town in April 2001 were the fair recognition of the extraordinary development and of all the potential and perspectives that are opening up to Parchal... »
WIKIPEDIA