$2,191,050

Sea View Property On A 3,206 Sqm Plot With High Development Potential – Cerro Da águia, Albufeira

  • 3 Beds
  • 3 Baths
  • 2,885 Sqft
  • 34,510 Sqft lot
  • Updated: June 18
  • 2

About the Property

We present this unique property located in Cerro da Águia, Albufeira, featuring an existing house set on a spacious 3,206 sqm plot, offering sea views and a privileged position overlooking Albufeira Marina.
The existing house offers significant potential for value enhancement, with the possibility of a complete renovation and expansion, allowing it to be adapted into a modern living concept whi
We present this unique property located in Cerro da Águia, Albufeira, featuring an existing house set on a spacious 3,206 sqm plot, offering sea views and a privileged position overlooking Albufeira Marina.
The existing house offers significant potential for value enhancement, with the possibility of a complete renovation and expansion, allowing it to be adapted into a modern living concept while taking full advantage of the surroundings, views, and privacy the plot provides.
Additionally, a Preliminary Information Request (PIP) has been submitted for the development of a private condominium consisting of 10 townhouses (3 and 4-bedroom units), each with a private pool and a closed garage for two cars.
The project foresees a total construction area of 1,817 sqm and a footprint of 885 sqm.
The size and layout of the plot also allow for an alternative development, such as the construction of 2 to 3 large detached villas, ideal for those seeking exclusivity, outdoor space, and total privacy in one of the most sought-after areas of Albufeira.
Located just minutes from the beaches, Albufeira Marina, and with excellent access, this property offers unique features, whether for private residence or for a tailored development project.
A rare opportunity combining location, views, plot size, and versatility.
For more information or to schedule a visit, please get in touch.
  • Property type

    Villa

  • Year built

    1988

  • Price/sqft

    $759

Features

  • Garden
  • Pool
  • Garage
  • Water View
  • Sea View
  • Mountain View
  • Privacy

Explore the Area

Caminho do Cerro da Àguia, Olhos de Agua, Algarve, Portugal View on Google Maps
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CENTURY 21 Realty Art

Joined 4 years ago
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CENTURY 21 Realty Art
Portugal
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109
Listings
2022
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CENTURY 21 Realty Art
Albufeira, Portugal
View agency profile
Last updated
June 18
First listed
Dec 5, 2024
Listing reference
C0205-06428
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