2 Land least recent, for Sale, in Albufeira, Ferreiras, Centro

Excellent Business Opportunity: 23332 m2 Land with Building Potential for 61 Apartments in Ferreiras, Albufeira!

Looking for a promising investment? We present a plot of land with potential for a standout residential development! With a generous area of 23332 m2, this land is authorized for the construction of 61 apartments, comprising 24 T2 units and 37 T1 units, along with offering 89 parking spaces. With a total construction area of 6249 m2, this project will provide an excellent opportunity for return on investment.

Located in the picturesque village of Ferreiras, in Albufeira, this land stands out for its strategic location, offering easy access to all local amenities and services. Moreover, its proximity to the renowned beaches of the region and the main tourist attractions of Albufeira makes it a highly attractive location for potential residents and investors.

This is the perfect time to seize this unique opportunity to participate in a large-scale construction project in one of the most coveted areas of the Algarve. Don’t miss the chance to stand out in the real estate market! Contact us today for more information and to schedule a visit to the site.

Land with mixed use zoning, situated in a prime location, consisting of 3 urban articles and 1 rustic.
There are existing old buildings on the property, one is habitable and the others could be renovated for rental income.

Situated close to shops and services, with excellent access to the main roads and only 10 minutes from the beaches along the Albufeira coastline. A very pleasant residential neighbourhood.
Council has verbally conveyed that the construction of 5 lots with three floors each, would be permitted, 2 floors above the ground level and one below, being a parking basement.
A total of 30 units.

Another option would be to renovate the existing buildings which would be a build area of 1660m2.
An interesting investment in a super location.
30 minutes from Faro airport