Prime Investment Opportunity: Premium Residential Development in Central Albufeira
Positioned in the heart of Albufeira—one of the Algarve’s most sought-after real estate markets—this fully flat 9,700 sqm plot represents an exceptional investment opportunity at an attractive entry price of €600/sqm.
The project features a luxury gated community comprising 48 high-end apartments across two low-rise 3-storey blocks (Ground, 1st, and 2nd floor), complete with private swimming pools, landscaped gardens, and 96 underground parking spaces (2 per unit).
Key Project Metrics:
• Total Land Area: 9,700 sqm (100% flat topography)
• Above-Ground Building Area: 6,200 sqm
• Entry Valuation: €600/sqm
• Residential Capacity: 48 Luxury Apartments
• Underground Parking: 96 spaces (2 spaces per apartment)
• On-Site Infrastructure: Full utility connections in place (water, electricity, sewage, telecom)
• Access & Connectivity: Dual access via paved tarmac roads directly at the boundary
Unrivaled Location & Connectivity:
• 1 km from the beach and Albufeira’s historic Old Town (Baixa).
• Immediate access to major retail hubs (Lidl, Aldi, Continente, Local Market).
• Directly adjacent to the Central Bus Station, Secondary School, GNR Station, and City Park.
Technical & Financial Highlights:
1. Fully On-Site Utilities: Immediate connections to public water, power, and sewage networks eliminate off-site extension costs and streamline development timelines.
2. Dual Tarmac Access: Paved road access on two separate boundaries simplifies construction logistics and allows for separate resident entry/exit gates, enhancing privacy and commercial value.
3. 100% Flat Topography: Minimizes earthworks and structural retaining costs, directly boosting net profit margins.