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REGION:
  • Porto and North
  • Lisbon and Center
  • Silver-Coast
  • Alentejo
  • Algarve
  • Madeira
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TYPE:
  • Apartment / Flat
  • House / Villa
  • Exclusive - Luxury Villa
  • Plot of Land
  • GuestHouse / B&B
  • Business / Commercial
  • Investment
  • Golf Property
PRICE RANGE:
MIN
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MAX
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REFERENCE NUMBER:

Investment Property for sale in Albufeira

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  • Cable / Satellite
  • ADSL
  • Telephone
  • Balcony

Building Plot for sale, with construction already started, of a Multi Family Building with basement levels, ground floor for 4 commercial spaces, 3 homogeneous floors for the apartments and a retracted floor with 4 "Penthouse" apartments.
 
The types of properties are distributed as follows:
- 4 commercial spaces

- 12 2 bedroom apartments
- 6 2+1 bedroom apartments
- 6 1+1 bedroom apartments
- 4 Penthouses
 
It is important to note these 3 important factors that will minimize the risks in this investment:

 - There is no need to submit a project, only an application for renewal of the building permit in the form of a special permit for finishing, which results in a faster construction start.

- Large investment already made in a considerable percentage in the concrete structure (2 basement levels with the supporting base already built on the ground floor level), which reduces construction costs.

- Scarcity of supply of new buildings in the city, as well as constant increase in demand, which associated with this investment will enable the presentation of a finished product before the competition.

€ 1,850,000

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Land Size: 1732 m2
Nearest Airport: Faro International Airport
Nearest City: Albufeira
Nearest Touristic Attraction: Albufeira
Ref.: 13101

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