For sale - Coral Village - Albufeira - CV_Lote8
For sale - Coral Village - Albufeira

For sale - Coral Village - Albufeira

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  • 324m2
  • 540m2
Ref: CV_Lote8
Sale price
270 000 €
  • 324m2
  • 540m2
Ref: CV_Lote8

Coral Village - Albufeira

**Excellent Opportunity in Albufeira's City Centre**

This is one of the last available plots in Albufeira's city centre, perfect for building your dream home or making a low-maintenance real estate investment with high appreciation potential.

**Low Density Allotment**

This low-density allotment features only 26 lots for housing, all connected to electricity, sewage, and rainwater systems. The area boasts wide, well-maintained accesses and is within walking distance of numerous restaurants, snack bars, hypermarkets, hospitals, and public transportation. The beaches are just a 5-minute drive away, and Faro International Airport is only 25 minutes by car.

Plot sizes range from 500 m² to 737 m², with construction areas from 300 m² to 530 m².

**Investors Take Note**

Some investors are still hesitant about investing in construction land. However, since the onset of the pandemic, the desire for home ownership has surged, becoming a goal for nearly every family.

Land plots are increasingly in high demand. Data from OLX, an online sales platform, shows a 52% increase in land demand in the third quarter of 2020, a trend expected to continue.

Despite the interest rate adjustments in 2022, the real estate market remains profitable and continues to grow steadily. Investing in land is a solid, low-risk opportunity with a high potential for appreciation and financial gain.

Enquire