Building Land in Albufeira, Distrito de Faro

Mixed land, comprising one urban item and three rustic ones, with the possibility of a project to build a small tourist complex, comprising ten bedrooms and bathrooms, a huge swimming pool, reception, laundry, restaurant and lounge, a technical and storage area, and a car park. The construction area is 600m2, spread over two U-shaped living areas, with the possibility of extending the construction area up to 2000m2. The project is currently being appraised for the construction and allocation of a property to the tourist activity of local or rural accommodation. The purchaser of the land will be able to give it a different use and destination, proposing another project, and there is viability for industry, logistics, housing and hotels. The rustic areas can be used for agriculture in different ways. Located in the interior of the Algarve, in a quiet area with access to the National 125 and Via do Infante motorways, the various beaches and close to all kinds of shops and essential goods. The area has water and electricity. A safe investment with enormous potential and maximum profitability. #ref: 102494.

Additional Property Information:
• Bathrooms: 10
• External size: 47,010 m²
• Size: 47,010 m²
• Reference: 102494
• Status: To be restructured