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Plots with Building Permission on Popular Complex close to Old Town Albufeira

Plot in Albufeira

ref. S5187
140.000€
Usage
Residential
Type
Plot
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Usable area
110 m²
Surface area
110 m²
Plot Area
906 m²
Tarmac
Mains water, Mains electric, Mains drainage
Country-side View, Panoramic View
These plots of land with building permission are situated on a popular complex within walking distance to the beach and the” Old Town” of Albufeira. The complex has a fantastic rental history due to its' location and has 3 communal pools, 24-hour security and reception, on site restaurant and snack bars plus a mini supermarket and mini golf.

The plots are approximately 1000m² with various building permission sizes for the villas ranging from 1 and 2 story properties with up to 190m² footprint for the villa with choices of 2 or 3 bedroom homes.

The villas will have permission for their own private swimming pools and some with basement garages. All properties have mains water & drainage plus electricity already installed to the plot.

These plots are fantastic prices giving the buyer a perfect chance to create their own design for their dream home in the sun! Existing villas on this complex boast a high revenue of income for holiday lets all year round.

Prices start at €140,000 for a plot of 906m2 until €185,000 for a plot of 1191m2
Plot sizes from 836m2 until 1191m2

Book a viewing now.

Amenities

Building permission for up to 2 floors on up to 190m² footprint.
2 and 3 bedrooms permitted with swimming pools.
Plots can be fully fenced off.
Mains water, drainage and electricity already installed to all plots.
3 communal pools on site with snack bars.
24-hour security and reception.
On site restaurant.

Location

Located just 1.5 km from the “Old Town” of Albufeira with all amenities: international restaurants, cafés, bars, banks, post office, pharmacy, supermarkets, newsagent, school, churches, medical center, dentists and much more
2.5 km to the nearest beach.
5 km to the nearest golf coarse
40 minutes’ drive to Faro airport

Other Info

The prices of the plots are negotiable.

The condominium fees per year for individual houses is €1.166.40 (2015) and increases each year with inflation.
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