A prime development opportunity in the heart of Albufeira, this property comprises two approved building plots strategically situated within walking distance of local shops, services, and just one kilometer from the stunning beaches. Spanning 3,800m² and 4,080m² respectively, these plots come with an already approved architectural project, including preliminary studies and detailed 3D renderings. The approved plans envision the construction of eight exclusive four-bedroom villas—four on each plot—with each residence offering a spacious total built area of approximately 295.83m², comprised of 160.88m² on the ground floor and 134.95m² on the first floor. Each villa is designed with its own private swimming pool and engine room, enhancing the luxury living experience. Importantly, the proposed development adheres to local construction indices within the P.U.C.A. framework, utilizing only about two-thirds of the permitted buildable area—around 2,650m² out of the 3,940m² available—leaving potential for additional development. This exceptional parcel presents an excellent investment opportunity to create a private enclave of high-end villas in one of the Algarve’s most sought-after locations.
Land
Data source: https://www.rightmove.co.uk/properties/155083148?currencyCode=GBP#/?channel=OVERSEAS
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