€1,950,000

Located in one of the most sought after areas of Albufeira, known for its exceptional characteristics and proximity to the sea, this land has a total area of 14,960m2. According to information from City Hall dated 08/06/2019, it is possible to build 34 housing units on this plot, which covers 8,693m2, with a maximum construction area of u200bu200b3,286m2. Terrain Features: Privileged Location: This land is strategically located in one of the most desirable areas of Albufeira, known for its proximity to the sea and surrounding environment. In the area there is already a park with a garden, recreation and leisure area. Construction Feasibility: The City Hall authorizes the construction of 34 apartments, providing a unique opportunity to develop a tourist project. Construction Area: With a maximum construction area of u200bu200b3,286m2, the land offers flexibility for the creation of tourist apartments. Project Configuration: The project allows the construction of tourist apartments distributed on 2 floors above the threshold level and 1 below, intended for parking. Investment Potential: For investors, this is an attractive opportunity given the growing demand for properties in Albufeira, especially in the coastal area. With a privileged location and the possibility of developing a tourist project, the land stands out as a strategic choice. Proximities and Involvement: Proximity to the Sea: The location offers easy access to Albufeira's stunning beaches, providing relaxing moments by the sea. Local Amenities: Restaurants, bars, supermarkets and other amenities are nearby, ensuring convenience for future residents or tourists. Coastal Environment: Enjoy a unique coastal environment, with panoramic views and the relaxed atmosphere of Albufeira. Access the video here: https://youtu.be/SwRcOJeCBWI Additional Information: This information requires confirmation with the competent authorities due to the nature of the opinion being non-binding. For more detailed information about this land in Albufeira or to schedule a visit, get in touch. We are available to provide all the necessary details and explore the possibilities of this exclusive investment. Albufeira continues to be one of the jewels of the Algarve, known for its natural beauty, mild climate and diverse tourist offer. Take advantage of this unique opportunity to be part of transforming this land into added value for the region and for future residents or visitors. Nearby you will find: - Marina, beaches, golf courses, Zoomarine water park - Shops, restaurants, bars and nightclubs - Hospital, schools, shopping malls, hypermarkets and supermarkets, pharmacies - Public transport, museum, viewpoints, gardens and recreational parks - Faro airport is 46km away Support in the financing process. KW FLASH has a dedicated Housing Credit Management structure, ready to help with complete rigor and confidence in your financing process for purchasing a property. Discover the best real estate credit proposals for you. We follow the entire purchasing process, from simulation to bank credit; documentation, translation and other services that will be an advantage for you. At Keller Williams, we share business 50% with any real estate consultant or agency holding an AMI license