This unique property is a plot of land with an approved Pip located near Albufeira in the charming area of Saint Eulalia. Situated in the heart of Albufeira, just 1 km from the beaches, this property offers a prime location close to shops and services.

The property includes an architectural project that has already been approved, along with a preliminary study and 3D designs. There are two plots of land, each with a generous area of 3,800m2 and 4,080m2, with prior information requests submitted and validated by the Town Hall for the construction of 8 individual 4-bedroom villas. The project allows for 4 villas to be built on each plot, with each villa having a total individual construction area of 295.83m2.

Each villa comes with a swimming pool and an engine room, offering residents the perfect blend of luxury and comfort. The construction indices proposed for the 8 single-family houses fall short of those stipulated by the P.U.C.A., leaving room for potential expansion and development on the property.

This property presents an excellent investment opportunity for those looking to create a stunning residential complex in a sought-after location. With its ideal setting near the beaches and amenities of Albufeira, this property is a truly exceptional find. The price of 1,650,000 is a competitive offer for the potential return on investment and future development opportunities that this property offers.

Plot with approved Pip near AlbufeiraThis property consists of 2 plots of land located in the centre of Albufeira, close to shops, services and just 1 km from the beaches. It includes an architectural project, already approved, as well as a preliminary study and 3Ds. The two plots, with respective areas of 3,800m2 and 4,080m2, have prior information requests submitted and validated by the Town Hall for the construction of 8 individual 4-bedroom villas, 4 of which are on each plot. In the project, the villas have a total individual construction area of 295.83m2 (160.88m2 on the ground floor and 134.95m2 on the 1st floor).Each unit has a swimming pool and an engine room. The construction indices proposed for the 8 single-family houses under horizontal ownership fall short of those stipulated by the P.U.C.A., and only 2/3 of the construction area was utilised, even allowing 2 more houses to be built, since of the 3,940m2 of construction area, only 2,650m2 was considered. Excellent investment opportunity. ref: 127189

Other for sale in Saint Eulalia, Portugal

This historic property, Herdade da Torre, is a true gem with a total area of 192 hectares. Located in Saint Eulalia, the property boasts an imposing Farmer's House and Fernandina Tower from the 15th century, making it a unique and picturesque setting. The housing complex resembles a small village with a covered area of approximately 2500m2.

The main house, built in 1918, features 2 floors with a traditional and charming design. The ground floor includes a spacious living room with a fireplace, dining room with vaulted ceilings, bar, and a large living room with access to the swimming pool. Additionally, there are 3 fully equipped guest houses on the same floor. The first floor comprises 5 bedrooms, 3 of which are suites, a living and dining room with a fireplace, and a kitchen with a pantry. The property also includes an events hall, stables for 9 horses, and two ruins of old houses with vernacular architecture.

Surrounded by flat land and a traditional olive grove, Herdade da Torre offers immense tourist and agricultural potential. Its proximity to Elvas, Campo Maior, and Badajoz (Spain) adds to its appeal, making it an attractive investment opportunity.

Priced at 7,000,000, this property is a unique and historic treasure that offers a rare opportunity for development and investment in the thriving real estate market of Saint Eulalia.

Herdade da Torre is a historic property with a total area of 192 hectares.With an imposing Farmers House and Fernandina Tower from the 15th century), the housing complex and its streets make this property a small village.The covered area of all the buildings that make up the property is approximately 2500m2.The housing complex consists of a Manor House with Fernandina Tower, the Caretakers House, 3 Guest Houses, an old agricultural warehouse converted into an events hall and Stables with boxes for 9 horses.The main house, a former Farmers House, was built in 1918 on an old noble building that already existed next to the Fernandina Tower. It has 2 floors and consists of:Ground floor:- Entrance hall with a large living room with a traditional fireplace, this room is decorated with old agricultural tools - Dining room with vaulted ceilings and a granite column with the inscription 1922 - Bar - Large living room with medieval fireplace, through which you can access the swimming pool - Old oven area, in the past this oven was used daily to produce the bread needed to feed all the workers on the property - 3 fully equipped apartments/guest houses with kitchen.1st floor:- 5 bedrooms, 3 of which are suites - Living and dining room with fireplace - Kitchen with pantry - 2 bathrooms.This house is equipped with central heating, air conditioning and solar panels.Outside there is an old warehouse with 300m2, which has been converted into a space for organising events with capacity for 270 people. This space is fully air-conditioned, has a kitchen for supporting events and 2 guest bathrooms.In addition to a large dam, there are also two ruins of old houses with vernacular architecture on the property.The land is mostly flat and practically devoid of trees throughout most of its area, except for a small traditional olive grove next to the residential area and some holm oaks and cork oaks scattered around the property.Herdade da Torre is very close to Elvas, Campo Maior and the city of Badajoz (Spain) as it is located near the border.The city of Elvas is considered a Unesco World Heritage Site and this property has played a significant role in the history of this region.Property with immense tourist and agricultural potential.The furniture and equipment that are part of the property are included in the sale.RICARDO Gracio Energy Rating: Exempt  ref:RG2030

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