5 Bed Land for sale
Albufeira, Algarve, Portugal
£1,958,447 *
[€2,300,000]
Full Description
LAND with building permission for over 3000m2 allowing for terraced houses or detached houses. Includes a single storey HOUSE with 436 m2 in need of renovation with sea views in Cerro de Águia, Albufeira, a privileged location.
An exceptional opportunity nestled in the prestigious Cerro de Águia. The existing five-bedroom villa offers an idyllic blend of vintage charm and transformation potential. Built in 1963, this spacious aristocratic home features large rooms and unparalleled sea views, providing the perfect canvas for your dream home.
One of the most captivating features of this property is its stunning panoramic sea views, which can be enjoyed from various points of the house. Upon entering, we are struck by the grandeur and nobility of the premises with spacious rooms that evoke the timeless elegance of its owners.
The land, with a total area of 6738m2, offers space for development of up to more than 3000 m2 of construction.
The villa still retains much of its original charm but is in need of renovation and updating. With a solid structure and classic architectural elements, the potential for transformation is limited only by your imagination.
Conveniently located close to amenities and within easy reach of the region's best attractions, this property offers the perfect balance between tranquillity and good accessibility, whether you are looking for a peaceful retreat or a lucrative investment opportunity. - REF: CN10562
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