Price Drop

Beautiful sea views on Urban land with two ruins

1 550 000 €

278 m2

of area

Urban land with two ruins which can be renovated and built up to 500m2 if for habitational use and 2000m2 if used for touristic development. Rustic land fertile and composed of 3,881 hectares. There are various trees on the property such as almonds and carob.

The one ruin has two floors with 5 divisions (194m2) and a magnificent sea view from the roof top terrace.

Property located in Albufeira, in Vale de Santa Maria. In close proximity to the food market, coffee shops and a bus stop. Approximately 1.4km away is the Albufeira Marina and the Downtown historical center of Albufeira. These are close to the beaches of Paneco and Pescadores. These areas offer many options for shopping, restaurants as well as entertainment. Great spot for tourism and sightseeing.

Great opportunity for development for a hotel, AirBnb, commercial build or a stunning luxury villa with beautiful sunsets and seaviews.

See an amazing opportunity? Contact me!

  • Price: 1 550 000 €
  • Status: Needing Total Refurbishment
  • Gross area: 278m2
  • Plot Area: 38810m2
  • Reference: C0205-05499
  • Supermarket (700m)
  • Sea (1.4km)
  • Historic Area (1.5km)
  • Town Centre (1.5km)

Schedule Visit

Available dates

Realtyart - Mediação Imobiliária, S.A. AMI: 5101
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