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

About this land

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.