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3 Bed House for sale

Albufeira, Algarve, Portugal

£417,864 *  [€480,000]

3 Bed House for sale

Albufeira, Algarve, Portugal

£417,864 *  [€480,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 0
  • Plot size: 21050 m2
  • Habitable space: 64 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


A property with potential for appreciation, situated in Valverde, in the parish of Guia, in a quiet and easily accessible area, just a few minutes' drive from a range of amenities, shops and major transport links. Located close to Makro and Leroy Merlin, this property combines the tranquillity of the countryside with the convenience of a strategic location.
The property comprises an old house in need of renovation, with a covered area of approximately 64 m². Although it is not currently habitable, the existing structure allows for a complete restoration, providing an excellent basis for a new project.
Set on a plot of 21,050 m², this property offers a wide range of development possibilities. According to the available planning information, there is potential to extend the building up to 300 m² for a detached house, ideal for those seeking to create a spacious home in complete harmony with nature.
For investors, another notable opportunity is the development of a rural tourism project, with a building capacity of up to 2,000 m², subject to the relevant approvals and licences from the competent authorities. The size of the plot and its prime location make this property particularly attractive for tourism developments focused on tranquillity, privacy and contact with nature.
An excellent opportunity to develop a residential or tourist project in one of the most sought-after areas of the municipality of Albufeira, benefiting from its proximity to the beaches, the village of Guia and all essential amenities.
Energy Rating: Exempt
#ref: X3-03 (PR-027)
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This property listing (ref: X3-03 (PR-027)) is an advertisement supplied by Novusmed 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 0.8705 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.