Newsletter
Subscribe to our newsletter and receive all of our latest properties directly to your inbox.
Description
**Excellent Opportunity in Albufeira's City Centre**
This is one of the last available plots in Albufeira's city centre, perfect for building your dream home or making a low-maintenance real estate investment with high appreciation potential.
**Low Density Allotment**
This low-density allotment features only 26 lots for housing, all connected to electricity, sewage, and rainwater systems. The area boasts wide, well-maintained accesses and is within walking distance of numerous restaurants, snack bars, hypermarkets, hospitals, and public transportation. The beaches are just a 5-minute drive away, and Faro International Airport is only 25 minutes by car.
Plot sizes range from 500 m² to 737 m², with construction areas from 300 m² to 530 m².
**Investors Take Note**
Some investors are still hesitant about investing in construction land. However, since the onset of the pandemic, the desire for home ownership has surged, becoming a goal for nearly every family.
Land plots are increasingly in high demand. Data from OLX, an online sales platform, shows a 52% increase in land demand in the third quarter of 2020, a trend expected to continue.
Despite the interest rate adjustments in 2022, the real estate market remains profitable and continues to grow steadily. Investing in land is a solid, low-risk opportunity with a high potential for appreciation and financial gain.
This is one of the last available plots in Albufeira's city centre, perfect for building your dream home or making a low-maintenance real estate investment with high appreciation potential.
**Low Density Allotment**
This low-density allotment features only 26 lots for housing, all connected to electricity, sewage, and rainwater systems. The area boasts wide, well-maintained accesses and is within walking distance of numerous restaurants, snack bars, hypermarkets, hospitals, and public transportation. The beaches are just a 5-minute drive away, and Faro International Airport is only 25 minutes by car.
Plot sizes range from 500 m² to 737 m², with construction areas from 300 m² to 530 m².
**Investors Take Note**
Some investors are still hesitant about investing in construction land. However, since the onset of the pandemic, the desire for home ownership has surged, becoming a goal for nearly every family.
Land plots are increasingly in high demand. Data from OLX, an online sales platform, shows a 52% increase in land demand in the third quarter of 2020, a trend expected to continue.
Despite the interest rate adjustments in 2022, the real estate market remains profitable and continues to grow steadily. Investing in land is a solid, low-risk opportunity with a high potential for appreciation and financial gain.
Official Mortgage Partner
Portugal Mortgage Brokers
Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.
Property Info
- Property Type Land
- Sale or Rent For Sale
- Price € 280,000
- Year Built -
- District Faro
- Municipality Albufeira
- Bedrooms -
- Bathrooms -
- Loft No
- Garage No
- Plot Area 559 m2
- Habitable Area -
- Energy Rating N/A
Amenities
This property has no Amenities defined.
Points of Interest
This property has no Points of Interest defined.
Seller's Properties
For Sale
- -
- 3
- 3
- 205 m2
- 130 m2
- N/A
- Yes
- No
- 38
For Sale
- -
- 2
- 2
- 121 m2
- 84 m2
- N/A
- No
- No
- 44
For Sale
- -
- 2
- 2
- 127 m2
- 127 m2
- N/A
- Yes
- No
- 25
For Sale
- -
- 3
- 3
- 203 m2
- 125 m2
- A
- Yes
- No
- 43
For Sale
- -
- 6
- 7
- 1110 m2
- 645 m2
- N/A
- Yes
- No
- 42
For Sale
- -
- 4
- 4
- 245 m2
- 158 m2
- A
- Yes
- No
- 43
