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Algarve, Albufeira, Portugal

£1,990,190
€2,300,000
Cerronovo, Albufeira
PROPERTY TYPE

Land

BEDROOMS

5

BATHROOMS

4

SIZE

72,527 sq ft

6,738 sq m

Key features

  • 5 bedrooms
  • Total area: 6738 sqm
  • Swimming Pool
  • 4 bathrooms
  • Sea views
  • Fireplace
  • Construction year: 1963

Description

LAND with building permission for over 3000m2 allowing for terraced houses or detached houses. Includes a single storey HOUSE with 436 m2 in need of renovation with sea views in Cerro de Águia, Albufeira, a privileged location.

An exceptional opportunity nestled in the prestigious Cerro de Águia. The existing five-bedroom villa offers an idyllic blend of vintage charm and transformation potential. Built in 1963, this spacious aristocratic home features large rooms and unparalleled sea views, providing the perfect canvas for your dream home.

One of the most captivating features of this property is its stunning panoramic sea views, which can be enjoyed from various points of the house. Upon entering, we are struck by the grandeur and nobility of the premises with spacious rooms that evoke the timeless elegance of its owners.

The land, with a total area of 6738m2, offers space for development of up to more than 3000 m2 of construction.

The villa still retains much of its original charm but is in need of renovation and updating. With a solid structure and classic architectural elements, the potential for transformation is limited only by your imagination.

Conveniently located close to amenities and within easy reach of the region's best attractions, this property offers the perfect balance between tranquillity and good accessibility, whether you are looking for a peaceful retreat or a lucrative investment opportunity.
REF: CN10562

Algarve, Albufeira, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    17.1 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Cerronovo, Albufeira

Rua Samora Barros, C.C. Loja 7, Cerro Grande Albufeira Algarve 8200-178

With over 40 years of trusted experience, Cerro Novo Properties is one of the Algarve’s longest-established and most respected real estate agencies.

Based in Albufeira, we specialise in helping international buyers find their perfect home across the Algarve — from luxury sea-view villas to charming countryside homes, lock-up-and-leave apartments, and prime golf properties.

Our multilingual team offers a truly personal service, with honest advice, deep local knowledge, and support every step of the way — before, during, and after your purchase.

We’ve helped clients from the UK, US, Ireland and beyond relocate, invest, or find their dream second home under the Algarve sun.

Alongside property sales, we also offer after-sales support, introductions to legal experts, and connections to renovation, management, and lifestyle services through our local partners.

If you're ready to make your move to Portugal, contact us today or visit www.cerronovo.com to explore our full portfolio.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Cerronovo, Albufeira (reference 274472_CN10562) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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