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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

495 000€

Albufeira (Olhos de Água)

Caractéristiques

  • 395 m² surface area (4252 sqFt)
  • 791 m² of land (8514 sqFt)
  • N/C

Répartition de l'investissement

Rendement brut:

6.5%

Temps pour amortir avec le loyer:

11.8 years

Différence de prix:

5%

Loyer attendu:

3500€/mois

Description de la propriété

This urban land, located in the scenic area of Albufeira, specifically in the desirable Pateo / Cerro de Aguia region, presents an exceptional opportunity for development. Spanning an impressive plot of 791 square meters, this site comes with an approved project that allows for the construction of a luxurious four-bedroom house along with two well-planned two-bedroom apartments. The area's strategic location offers not only stunning views but also easy access to local amenities, beautiful beaches, and recreational facilities. With this property, you have the potential to develop a residential location that captures the charm of the Algarve region while catering to the growing demand for high-quality living spaces. This property is ideal for investors looking to create a unique residential offering in a highly sought-after neighborhood, positioning them advantageously within the competitive Albufeira real estate market.

Localisation

Albufeira (Olhos de Água)

Date ajoutée: 16.12.2024

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