Two expansive plots of land available for sale in the coveted Corcovada district of Albufeira, comprising 4,080 m² and 3,800 m² respectively, with a combined gross construction area of 2,649.52 m². Both sites have received favorable preliminary approvals for the development of eight residential units—four houses on each parcel—with an approved gross construction area of approximately 1,324.76 m² per cluster, equating to around 331.19 m² per individual residence. These plans leverage construction rates below those designated in Albufeira's Urbanization Plan (PUCA), offering the potential to increase buildable space by an additional 715.24 m² on the larger plot and 575.24 m² on the smaller, allowing the development of up to five houses per plot without exceeding urban parameters. Immediate development is permissible based on the approved project, providing an exceptional opportunity for investors or homeowners looking to build in a highly central location. Conveniently situated close to shops, essential services, and the stunning beaches that define Albufeira's renowned coastline, this property offers a prime foundation for a bespoke residential development. Contact us to arrange your viewing. REF. 4300. Energy Rating: Exempt.
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Data source: https://www.rightmove.co.uk/properties/153038354?currencyCode=GBP#/?channel=OVERSEAS
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