Plot for sale in Albufeira for €4000000

€4,000,000

Property ID: EAV-2435

Magnificent plot of land with 9540 m2, beautiful seaviews with an allowed construction area of 5724 m2 for developnent of tourism or residential properties.
Located only five minutes drive from the beaches of São Rafael, Galé, Praia do Castelo and within quick access to the city of Albufeira  with its local shops, hypermarkets, some of the best restaurants in the region, schools and public transports.
Although in this plot you can build a touristic project or residential homes, an initial project has been prepared for a complex of 29 townhouses, with two levels, (mostly 3 bedrooms), all with individual swimming pools and underground parking.
Because of its elevated location, all units would benefit from views towards the coast and the Marina.  The Golf course of Salgados is only a few minutes drive, as well as the marina, and beaches.
Excellent investment opportunity in a prime area of the Algarve!

  • Address: Albufeira, Faro District 
  • Price: €4,000,000 
  • City: Albufeira 
  • Country: Portugal 
  • Region: Faro 
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  • Type: Plot 
  • State: Faro District 

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