Plot for sale
Albufeira, Algarve, Portugal
£3,436,721 *
[€4,000,000]
Full Description
Portugal - Algarve - Albufeira
Plot of land for the construction of apartments, located in the heart of the prestigious Albufeira Marina development, in one of the municipality's most highly valued residential and tourist areas.
The plot allows for a total construction area of approximately 4,000 m², intended for residential use, comprising a building with a maximum of three floors, plus a basement for parking, technical areas and support facilities.
Situated in a low-density development area, the plot offers excellent conditions for the development of a high-quality residential tourism project, providing greater privacy, outdoor areas and a balanced integration into the Marina's surroundings.
The licensing process may be carried out under the prior notification procedure, allowing for greater speed and predictability in the development of the project, provided that the applicable planning parameters and legal requirements, as already established in the development regulations, are complied with.
The location is one of the main factors enhancing the value of this investment. The plot is situated within the Albufeira Marina development, close to restaurants, shops, services and nautical activities, and just a few minutes from the renowned beaches of São Rafael and Coelha. Galé and Castelo beaches are also within easy reach.
With excellent access to Albufeira's historic centre and the Algarve's main roads, this plot represents an outstanding opportunity for developers and investors wishing to create an apartment development in an established and highly sought-after location.
An investment opportunity with strong potential.
Energy Rating: Exempt
#ref: LV-1040 (PR-021)
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