Land in Albufeira e Olhos de Água of 3940,00 m²

Land with approved PIP near Albufeira This property consists of 2 plots located in the central area of Albufeira close to shops, services and just 1 km from the beaches. Includes architectural design, already approved as the previous study and 3D's. The two lots, with respective areas of 3,800m2 and 4,080m2, have requests for prior information presented and validated by the City Council for the construction of 8 individual T4 houses, 4 villas on each land. 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 fraction has a swimming pool and engine room. The construction rates proposed for the 8 single-family houses under the horizontal property regime fall short of those stipulated by the P.U.C.A., and only 2/3 of the construction area was used, even allowing the construction of 2 more houses, because of the 3,940m2 of construction area, only 2,650m2 were considered. Excellent investment opportunity. #ref: 127189