Prime Investment Opportunity: Premium Residential Development In Central Albufeira Positioned In The

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. (ref PD-063074)