Albufeira (Algarve), Faro (Algarve) 8200-001, Portugal

Albufeira (Algarve), Faro (Algarve) 8200-001, Portugal
Listed By CENTURY 21 Realty Art

The Single Family House for Sale located at Albufeira (Algarve) Faro (Algarve) 8200-001 Portugal with 3 bedrooms, 3 bathrooms is currently for Sale, Albufeira (Algarve) Faro (Algarve) 8200-001 Portugal is listed for $2,626,188. If the property located at Albufeira (Algarve) Faro (Algarve) 8200-001 Portugal isn't what you're looking for, search Portugal Real Estate to see other Homes for Sale in Albufeira (Algarve) .

MLS#: C0205-06428

$2,626,188 USD

€2,500,000 EUR

Type
Single Family
Bedrooms
3
Bathrooms
3
Home/Lot size
248m²
The details

Property features

Date Updated: Dec 4, 2024

Construction details

Year built
1988

Other features

Garages
3

Area

Property size
248m²
Land/Lot size
3,206m²
Bedrooms
3
Bathrooms
3
Total rooms
6

Description

Unique Investment Opportunity in a Privileged LocationThis 3206 m2 plot, with an existing villa, represents a great opportunity to develop an exclusive property project in one of Albufeira's most valued areas. Situated in Cerro da Águia, it offers stunning views of the sea and Albufeira Marina, as well as being very close to Albufeira's most exclusive beaches.A Prior Information Request (PIP) is currently being drawn up for the construction of a condominium with 10 three and four-bedroom townhouses, all with private pools and 2-car garages.The total construction area of the project is 1, 817 m2 and the considered implantation area is 885 m2.With a strategic location and characteristics that meet the demand for luxury villas in this area of Albufeira, this plot is an unmissable opportunity for investors looking for a return in a premium market.Seize this moment to invest in the future of luxury construction in Albufeira!Contact us for more specific information about the plot/project.

Location

Albufeira (Algarve), Faro (Algarve) 8200-001, Portugal
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Courtesy of CENTURY 21 Realty Art
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