A prime land parcel nestled in a prestigious area adjacent to Albufeira Marina, part of the detailed master plan for the marina development. Spanning a total of 14,960 square meters, this property includes an 8,693-square-meter plot designated for the construction of a luxurious tourist complex featuring 34 modern apartments. The development allows for a maximum buildable residential area of 3,286 square meters, with two above-ground floors and a basement garage. The expansive land size provides ample space for lush outdoor leisure amenities, making it an ideal investment opportunity for high-end holiday apartments.
This development caters to sea and nature enthusiasts, especially sailing aficionados, offering privileged access to marina facilities that include pontoons accommodating medium to large pleasure yachts and sizeable yachts. Residents and guests can also enjoy a diverse range of services, including gourmet restaurants serving authentic Mediterranean cuisine. The plot benefits from a serene landscape setting complemented by excellent urban infrastructure, conveniently situated in the heart of the Algarve. It offers superb connectivity to major destinations, with Faro International Airport just 30 minutes away, Lisbon roughly 2.5 hours by road, and close proximity to renowned amenities including the Nobel International School (20 minutes), Algarve Shopping Center (10 minutes), and esteemed healthcare facilities such as Lusíadas Hospital and Algarve Private Clinic (10 minutes). This exceptional property presents a unique opportunity for discerning investors seeking to develop or acquire a prestigious coastal retreat with outstanding potential.
Land
Data source: https://www.rightmove.co.uk/properties/130893986?currencyCode=GBP#/?channel=OVERSEAS
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