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Global Properties

5724m² Land in Albufeira, Portugal No. 127665

$ 5 390 288
$ 942 per m²
5724 Living space, m²
Albufeira, Portugal
Parameters
Living space, m²
5724
ID
127665
Type
Land
Land area, m²
9540
Property description
Embrace this fantastic investment opportunity to build a luxury sea view residential development in Cerro de Águia.

Situated in a prime location, this 9540 m2 plot boasts stunning views of the sea and has a Preliminary Approval for the construction of 29 two-storey villas( townhouses) with a basement of various typologies: 26 3-bedroom villas, 2 villas featuring 4 bedrooms and 1 villa with 2 bedrooms. Each villa is projected to have a swimming pool and a garage with a storage in the basement.
Ideal for those seeking a tranquil yet dynamic lifestyle, this property boasts south-facing solar orientation, ensuring natural light and warmth throughout the day.

Enjoy the convenience of being just moments away from the most picturesque beaches ( São Rafael, Castelo, Galé beaches) , Albufeira Marina with its exciting water activities and bars, Salgados golf course, shopping facilities and a variety of restaurants. Such amenities as hospitals, pharmacies, public transport, schools and supermarkets are a short drive away.


Don't miss out on this rare investment opportunity!

Contact us today to schedule a viewing and uncover the endless possibilities that await you.
Features
Location
  • South orientation
Indoor facilities
  • Storage room
  • Garage
Outdoor features
  • Swimming pool
Statistics Albufeira
$ 2 437
Price per m²
167
Quality of Life Index
55
Cost of living Index
Parameters
[:second_city:]
Albufeira
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 349
2-Room Apartment
$ 1 277
Apartment Purchase Price per m²
In the City Center
$ 2 437
Outside the City Center
$ 2 310
Crime Index
31
Cost of Living and Rent Index
46
Purchasing Power Index
71
Property Price to Income Ratio
7
Safety Index
69
Traffic CO₂ Index
2660
Traffic Inefficiency Index
23
Rent Index
34
Health Care Index
54
Groceries Index
57
Pollution Index
48
Traffic Commute Time Index
10
Restaurant Price Index
51
Climate Index
98
Cost of Living Index
55
Quality of Life Index
167
Traffic Index
70
Restaurants
Meal, Inexpensive Restaurant
$ 13.93
Meal for 2 People, Mid-range Restaurant, Three-course
$ 58.04
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.86
Domestic Beer (0.5 liter draught)
$ 4.64
Imported Beer (0.33 liter bottle)
$ 4.64
Coke/Pepsi (0.33 liter bottle)
$ 2.63
Water (0.33 liter bottle)
$ 1.41
Cappuccino (regular)
$ 2.61
Markets
Milk (regular), (1 liter)
$ 1.45
Loaf of Fresh White Bread (500g)
$ 1.88
Eggs (regular) (12)
$ 3.19
Local Cheese (1kg)
$ 16.04
Water (1.5 liter bottle)
$ 0.55
Bottle of Wine (Mid-Range)
$ 5.22
Domestic Beer (0.5 liter bottle)
$ 1.36
Imported Beer (0.33 liter bottle)
$ 1.86
Cigarettes 20 Pack (Marlboro)
$ 6.50
Apples (1kg)
$ 2.63
Chicken Fillets (1kg)
$ 8.24
Oranges (1kg)
$ 1.97
Potato (1kg)
$ 1.82
Lettuce (1 head)
$ 1.64
Rice (white), (1kg)
$ 2.26
Tomato (1kg)
$ 3.29
Banana (1kg)
$ 1.65
Onion (1kg)
$ 2.99
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 23.21
Transportation
One-way Ticket (Local Transport)
$ 3.13
Monthly Pass (Regular Price)
$ 57.92
Gasoline (1 liter)
$ 1.96
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 871
Taxi Start (Normal Tariff)
$ 3.77
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 17.41
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 34 281
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 217
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 46.20
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 25.62
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 602
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 54.84
Tennis Court Rent (1 Hour on Weekend)
$ 11.61
Cinema, International Release, 1 Seat
$ 10.16
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 111
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 70.40
1 Pair of Nike Running Shoes (Mid-Range)
$ 85.11
1 Pair of Men Leather Business Shoes
$ 149
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 493
International Primary School, Yearly for 1 Child
$ 11 607
Contact seller
Contact seller

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