Land in Albufeira e Olhos de Água of 7,880 m²

Plot with approved PIP near Albufeira This property consists of 2 plots of land located in the centre of Albufeira, close to shops, services and just 1 km from the beaches. It includes an architectural project, already approved, as well as a preliminary study and 3D's. The two plots, with respective areas of 3,800m2 and 4,080m2, have prior information requests submitted and validated by the Town Hall for the construction of 8 individual 4-bedroom villas, 4 of which are on each plot. In the project, the villas have a total individual construction area of 295.83m2 (160.88m2 on the ground floor and 134.95m2 on the 1st floor). Each unit has a swimming pool and an engine room. The construction indices proposed for the 8 single-family houses under horizontal ownership fall short of those stipulated by the P.U.C.A., and only 2/3 of the construction area was utilised, even allowing 2 more houses to be built, since of the 3,940m2 of construction area, only 2,650m2 was considered. Excellent investment opportunity.