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Description
A plot of land in the area of Ferreiras
A plot of land with 2.50600 hectares in which a certificate was issued regarding the prior information of the Albufeira City Council considering it viable.
Building located in Lagoas, parish of Ferreiras municipality of Albufeira, a total of 63 apartments, in which the ground floor will have 21 T2 apartments and a total construction area of 2044 m2, 1st Floor with 22 T2 apartments with a construction area of 2148 m2 and also on the 2nd Floor another 20 T2 apartments, With a total area of 2057 m2, i.e. The total construction area is 6259 m2.
Acquiring land with the characteristics described can offer several significant advantages, especially for investors interested in the real estate market for residential development, both for permanent housing and holiday accommodation. Here are some of the main advantages:
1. Strategic Location: The proximity to the city of Albufeira, one of the most popular tourist destinations in the Algarve, is a considerable advantage. The ease of access to beaches, combined with the location close to essential services such as public transport, shopping areas, restaurants and pharmacies, makes the location attractive to permanent residents and tourists alike.
2. Development Potential: The certificate issued by the Albufeira City Council that considers the construction of a building with a total of 63 apartments spread over three floors to be feasible shows great potential for real estate development. The possibility of building a variety of 2 bedroom apartments can meet a diversified market demand.
3. Accessibility: The excellent location in terms of accessibility, including the proximity to important connecting roads to Lisbon and Faro, increases the value of the investment. This not only facilitates access for residents and tourists, but also adds value to the development.
An area excellently located in terms of accessibility, very close to public transport and with large shopping areas close by, as well as restaurants and pharmacy, and also very close to the Shopping Mall.
5 KM from the city of Albufeira and very close to the connection to Lisbon and Faro.
Excellent investment for those who want to build for residents and also for holidays given the proximity of about 10 m to 15 m by car from beaches in the municipality of Albufeira.
4. Generous Building Area: With a total construction area of 6259 m², the project offers a substantial opportunity to create a large-scale residential development, maximising the return on investment through the sale or rental of the apartments.
5. Attractive to Diverse Audiences: The project's flexibility to cater to both permanent residents and tourists looking for holiday accommodation increases the development's market potential. The Algarve region is known for its high tourist demand, which can guarantee high occupancy throughout the year.
6. Long-Term Appreciation: Given the prime location and constant demand for real estate in the Algarve region, the land and projected development are likely to appreciate in value over time, offering an excellent return on investment in the long run.
7. Sustainability and Quality of Life: The construction of new developments in areas with good infrastructure and accessibility contributes to urban sustainability, offering quality of life to residents and leisure and rest options for tourists, which is a strong attraction.
Excellent business opportunity!
#ref:7010
A plot of land with 2.50600 hectares in which a certificate was issued regarding the prior information of the Albufeira City Council considering it viable.
Building located in Lagoas, parish of Ferreiras municipality of Albufeira, a total of 63 apartments, in which the ground floor will have 21 T2 apartments and a total construction area of 2044 m2, 1st Floor with 22 T2 apartments with a construction area of 2148 m2 and also on the 2nd Floor another 20 T2 apartments, With a total area of 2057 m2, i.e. The total construction area is 6259 m2.
Acquiring land with the characteristics described can offer several significant advantages, especially for investors interested in the real estate market for residential development, both for permanent housing and holiday accommodation. Here are some of the main advantages:
1. Strategic Location: The proximity to the city of Albufeira, one of the most popular tourist destinations in the Algarve, is a considerable advantage. The ease of access to beaches, combined with the location close to essential services such as public transport, shopping areas, restaurants and pharmacies, makes the location attractive to permanent residents and tourists alike.
2. Development Potential: The certificate issued by the Albufeira City Council that considers the construction of a building with a total of 63 apartments spread over three floors to be feasible shows great potential for real estate development. The possibility of building a variety of 2 bedroom apartments can meet a diversified market demand.
3. Accessibility: The excellent location in terms of accessibility, including the proximity to important connecting roads to Lisbon and Faro, increases the value of the investment. This not only facilitates access for residents and tourists, but also adds value to the development.
An area excellently located in terms of accessibility, very close to public transport and with large shopping areas close by, as well as restaurants and pharmacy, and also very close to the Shopping Mall.
5 KM from the city of Albufeira and very close to the connection to Lisbon and Faro.
Excellent investment for those who want to build for residents and also for holidays given the proximity of about 10 m to 15 m by car from beaches in the municipality of Albufeira.
4. Generous Building Area: With a total construction area of 6259 m², the project offers a substantial opportunity to create a large-scale residential development, maximising the return on investment through the sale or rental of the apartments.
5. Attractive to Diverse Audiences: The project's flexibility to cater to both permanent residents and tourists looking for holiday accommodation increases the development's market potential. The Algarve region is known for its high tourist demand, which can guarantee high occupancy throughout the year.
6. Long-Term Appreciation: Given the prime location and constant demand for real estate in the Algarve region, the land and projected development are likely to appreciate in value over time, offering an excellent return on investment in the long run.
7. Sustainability and Quality of Life: The construction of new developments in areas with good infrastructure and accessibility contributes to urban sustainability, offering quality of life to residents and leisure and rest options for tourists, which is a strong attraction.
Excellent business opportunity!
#ref:7010
Official Mortgage Partner
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Property Info
- Property Type Land
- Sale or Rent For Sale
- Price € 2,000,000
- Year Built -
- District Faro
- Municipality Albufeira
- Bedrooms -
- Bathrooms -
- Loft No
- Garage No
- Plot Area 25060 m2
- Habitable Area -
- Energy Rating N/A
Amenities
- close to shops
Points of Interest
This property has no Points of Interest defined.
Seller's Properties
For Sale
- -
- 2
- 2
- -
- 120 m2
- C
- No
- No
- 133
For Sale
- -
- 3
- 3
- 220 m2
- 186 m2
- E
- No
- No
- 88
For Sale
- -
- -
- -
- 691 m2
- 272 m2
- N/A
- No
- No
- 428
For Sale
- -
- -
- -
- 500 m2
- -
- N/A
- No
- No
- 140
For Sale
- -
- 3
- 3
- -
- 250 m2
- B
- Yes
- No
- 1
For Sale
- -
- 3
- 3
- -
- 192 m2
- A
- Yes
- No
- 165
