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Algarve, Albufeira, Portugal

£384,750
€450,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

8,514 sq ft

791 sq m

Description

Plot with Approved Plans for a Premium Building with 3 Units – Cerro da Águia, Albufeira

An urban plot of 791m² with approved plans valid until February 2027 for the construction of a building with a gross floor area of approximately 395m², comprising 3 independent units:

• Two-bedroom apartment of around 90m²
• Two-bedroom apartment of around 91m²
• Four-bedroom apartment of around 208m²

The project also includes a private swimming pool, a garage and 6 private parking spaces. Offering a modern design, the project has enormous potential for:

• Individual sale of the units;
• Property investment;
• Premium tourist accommodation;
• Highly profitable local accommodation.

Given the prime location, the designed unit types and the strong tourist demand in the area, the project offers high potential for returns and future appreciation, making it an excellent opportunity for investors.

Situated on high ground, close to Albufeira Marina, beaches, golf courses, restaurants and amenities, this project combines location, exclusivity and high potential for appreciation. With planning permission already granted, this is a rare opportunity for investors and developers.

Cerro da Águia – Albufeira
Plot: 791m²
Buildable Area: ~395m²
1-bedroom + 2-bedroom + 4-bedroom
6 Parking Spaces
Private Swimming Pool
Spacious Terraces and Excellent Sun Exposure

A unique investment opportunity in the heart of Albufeira!
#ref: 880622

Algarve, Albufeira, Portugal

Approximate location

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 IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 880622) 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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