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Plot for sale

Albufeira, Algarve, Portugal

£3,608,557 *  [€4,200,000]

Plot for sale

Albufeira, Algarve, Portugal

£3,608,557 *  [€4,200,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 16689.99 m2
  • Habitable space: 6000 m2

Features


  • Double Glass

Full Description


Investment Opportunity in Albufeira - Plot for Residential Condominium Development with Sea View
Located in Vale Navio, Albufeira, this plot of land presents a rare opportunity for investors looking to develop an exclusive residential project in the heart of the Algarve.
With approved feasibility for the construction of 20 terraced villas (T3 type), the project stands out for its strategic location and high appreciation potential.
The development is south-facing, benefiting from excellent sun exposure and unobstructed views of the sea and natural surroundings.
Just minutes from the center of Albufeira and close to landmark developments such as the Vilamoura golf courses and the luxurious Sheraton Pine Cliffs Resort, this land is attractive for both the residential and tourism markets.
With a total construction area of 4,200 m² above ground, complemented by 1,800 m² of basement space, the project features contemporary architecture designed to blend with the landscape, offering comfort, exclusivity, and sustainability.
The peaceful setting, surrounded by green spaces and near beaches, golf courses, and premium services, makes this an ideal investment for a high-end private condominium aimed at a demanding national and international clientele.
This is the perfect time to invest in one of the most sought-after real estate areas in the Algarve, with strong return potential through direct sales, tourism operation, or resale during advanced stages of construction.
#ref: LV-2136 (PR-064)
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This property listing (ref: LV-2136 (PR-064)) 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 0.8592 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.