Premium New development

Plot for sale

Albufeira, Algarve, Portugal

£422,226 *  [€500,000]

Plot for sale

Albufeira, Algarve, Portugal

£422,226 *  [€500,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1000 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


This urban land of 1000m² located in Ferreiras, in the municipality of Albufeira, presents an excellent investment opportunity. Situated in an area with easy access to all amenities.
Currently, the land is walled and has the following infrastructures:
An office with toilet;
A kitchen;
A loading and unloading dock.
In the past, the space was used as a workshop/garage, which gives it versatility for different commercial purposes.
One of the great advantages of this land is that the construction project is already underway, with construction feasibility approved for a residential development.
The project includes:
9 Apartments (six T2 and three T1).
A basement with garage for 9 cars.
A swimming pool with a leisure area.
With these characteristics, the land has a high potential for investors interested in developing a housing project in a growing and easily accessible location.
Book your visit now!
Energy Rating: Exempt
#ref: TER5394
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Map may not show exact location

This property listing (ref: TER5394) is an advertisement supplied by Ocean House Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8445 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.