Land for sale in Albufeira, Portugal — €750,000

About this land

Original listing description, in Portuguese.

Urban land, located on the E.N. 395 road (Estrada do Vale Paraíso), between Albufeira and Ferreiras. Plot with an area of 2,100 m2. Total gross construction area above ground of 1,244 m2 and building footprint of 622 m2. Building sold as is. The building is located in an area with strong urban development potential. Strategic location in the municipality of Albufeira, approximately 5 km from the coast, excellent access to the EN125 and the Via do Infante (A22). A project with retail space on the ground floor and apartments on the first floor was previously approved. The project has been modified and is now approved as commercial, but it could revert to the original project. Building with basement and parking for 27 vehicles. The area is perfectly equipped with excellent infrastructure, accessibility, and public water, electricity, and telecommunications networks, as well as domestic and rainwater drainage systems. The area is characterized by a diversity of uses, ranging from housing to services and facilities. For more information or to schedule a visit, please contact me.