Land for a Business & Technology Park Central Algarve Portugal
We have an exceptional opportunity available for those seeking a prime location for a business and tech campus. Our development, the Technology Park, is an attractive amenity for resident companies, visitors and staff. It is a world-class location for both holidays and business, and an incredible place to live.
Situated in the south of Portugal, we are offering a unique opportunity to acquire 40 hectares (98.8 acres) of land to develop 160,000 sqm of construction for a business and tech campus. The land comes with all necessary permissions and approvals, making this a rare development opportunity.
The Technology Park is conveniently located just 4 km from the A22 Motorway and 16 km from Faro Airport, with easy access to the train station just 4 km away. No other parcel of land can offer such accessibility as it provides north-south access and egress on to the Motorway.
The Park provides a total undeveloped area of 40 ha, with the existing layout providing optimum flexibility in that it can cater for either the provision of a new scheme or providing serviced sites for owner occupiers. The site will be split into six different areas:
The Centre for Business Innovation, with a Training Centre, Business Laboratory, Conference, Events, Exhibitions, Centre, Business Incubation Centre and Traditional Products Center
The Sun Park, Health, Leisure and Recreation, with a Cable Ski or Wakeboard Park and Wellness Center
Health and Wellness
The Technology Park has been unanimously approved by the City Council and also approved by the Commission for Coordination and Regional Development of the Algarve, CCDR Algarve without any objection, and has approval of the Portuguese Government.
The population of the Algarve is young and growing, due to the big investment in tourism. The Business Park has the proximity to a large and diverse labour force with appropriate skill sets for any incoming business. The region has a highly rated education system with proximity to several schools, private and public, as well as universities and technological institutes. These are located within 20 minutes with easy access.
The region has a wide range of nationalities living locally, and English is widely spoken, which can support a global business operating from the Technology Park. Portugal ranks in the top 5 dream destinations for expats, according to the survey, and its sunny climate offers plenty to do with parks and reserves, beaches, and a great place to raise children.
The Technology Park is a great base to travel from, as there are daily flights to many European destinations from Faro Airport. Don't miss out on this incredible opportunity to develop a world-class business and tech campus in the heart of the Algarve.