LAND IN ALBUFEIRA, PORTUGAL FROM 139 185 💷 GBP
A stunning plot of land - 9540 m2 with beautiful sea views and approved plans for the development of 40 townhouses and a swimming pool. Located only five minutes drive from the beaches of Sâ;o Rafael Galé Praia do Castelo and within quick acce
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Based in: Portugal
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listings
Land & Build for sale in Albufeira
£3,917,326
Albufeira, Faro, Portugal
Listed By: PortugalProperty.com on 11.10.2019
Albufeira - Plot located in a prime recently developed area of Albufeira. Project approved for 166m2 3-bedroom villa plus basement.
765 m2 Building Plot
£139,185
Albufeira, Faro, Portugal
Listed By: Villas Luz, Lda. on 04.05.2019Browse 2 listings of land for sale - find subdivisions, building and development plots in Albufeira, Portugal from 139 185 💷 GBP on TheMoveChannel.com.
Portugal as a whole never seems to have quite lived up to its potential as a location for property investment, but things are improving. The economic crisis in v Europe hit hard, but the recovery is well underway and in certain areas of the Algarve, such as Albufeira, you’d be hard-pressed to find any real signs of damage. Tourism forms the backbone of the local economy and represents the biggest draw for investors. Overall property values were once again down in 2013, but demand is up and even long-term rent yields are known to go beyond the 6.5 per cent mark in the most sought-after spots. Holiday rental property investment opportunities abound, as well as the appeal of a Golden Visa-fuelled second home.
Portugal as a whole never seems to have quite lived up to its potential as a location for property investment, but things are improving. The economic crisis in v Europe hit hard, but the recovery is well underway and in certain areas of the Algarve, such as Albufeira, you’d be hard-pressed to find any real signs of damage. Tourism forms the backbone of the local economy and represents the biggest draw for investors. Overall property values were once again down in 2013, but demand is up and even long-term rent yields are known to go beyond the 6.5 per cent mark in the most sought-after spots. Holiday rental property investment opportunities abound, as well as the appeal of a Golden Visa-fuelled second home.