Land for sale in Albufeira, Portugal — €4,640,000

Land overview

Land classification in this area is mixed. Restrictions associated with the REN ecological reserve and RAN agricultural reserve have been identified in this area. Review the details and confirm all relevant conditions before making a decision.

About this land

Original listing description, in Portuguese.

Embrace this fantastic investment opportunity to build a luxury sea view residential development in Cerro de Águia. Situated in a prime location, this 9540 m2 plot boasts stunning views of the sea and has a Preliminary Approval for the construction of 29 two-storey villas( townhouses) with a basement of various typologies: 26 3-bedroom villas, 2 villas featuring 4 bedrooms and 1 villa with 2 bedrooms. Each villa is projected to have a swimming pool and a garage with a storage in the basement. Ideal for those seeking a tranquil yet dynamic lifestyle, this property boasts south-facing solar orientation, ensuring natural light and warmth throughout the day. Enjoy the convenience of being just moments away from the most picturesque beaches ( São Rafael, Castelo, Galé beaches) , Albufeira Marina with its exciting water activities and bars, Salgados golf course, shopping facilities and a variety of restaurants. Such amenities as hospitals, pharmacies, public transport, schools and supermarkets are a short drive away. Don't miss out on this rare investment opportunity! Contact us today to schedule a viewing and uncover the endless possibilities that await you.