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Other for sale in Albufeira (Olhos de Agua), Portugal
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Other for sale in Albufeira (Olhos de Agua), Portugal

270 000€

Albufeira (Olhos de Água)

Features

  • 540 m² of land (5813 sqFt)
  • N/C
  • 2 parking spaces

Property description

Don't miss out on this excellent opportunity to purchase one of the last plots of land available in Albufeira's city center. Whether you're looking to build your dream home or make a smart real estate investment, this property offers low maintenance costs and high appreciation potential. Located in Albufeira (Olhos de Água), this low-density allotment features only 26 housing lots with essential connections to the electricity grid, sewage, and rainwater. Easily accessible with well-maintained roads, this property is within walking distance of various amenities such as restaurants, snack bars, hypermarkets, hospitals, and transportation infrastructure. Additionally, the beautiful beaches are just a 5-minute drive away, while Faro International Airport is only 25 minutes away. With plot sizes ranging from 500 m2 to 737 m2 and construction areas from 300 m2 to 530 m2, the possibilities for development are vast. As the demand for land has been increasing, investing in this property could prove to be a wise decision. Data from a recognized online sales platform shows a 52% increase in land demand in the third quarter of 2020, with the trend expected to continue. Despite market fluctuations, the real estate sector remains a profitable and stable investment option with a high potential for appreciation and financial gain. Considering the current economic climate and the growing importance of homeownership, this property in Albufeira presents a lucrative opportunity for investors looking to secure their financial future. At a price of 270,000, this property offers great value for money in a desirable location with endless possibilities for development and growth.

Location

Albufeira (Olhos de Água)

Date added: 24.07.2024

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