£1,894,802 GBP | $2,541,700 USD
Type: Land-Plot
Floor area: 1416 m2
Land area: 7080 m2

Swimming Pool
Agent/Owner:
Arkadia
Contact Agent
Location: Portugal
Speaks: English
Managed by:
(Arkadia)
This property advert is syndicated through Arkadia.
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Real Estate Opportunity: Pre-approved Condominium for sale in Western Algarve
This remarkable property offers a rare and exciting opportunity to secure pre-approval for a high-potential development project in one of the most desirable areas of the Western Algarve. Located just a short walk from both the beach and the charming center of Praia da Luz, this plot of land combines convenience, beauty, and investment potential. With pre-approval in place for a thoughtfully designed small condominium, the project envisions seven terraced villas and two detached villas, perfectly suited for creating a gated community in a peaceful setting. What makes this property truly exceptional is its stunning sea views, which add a unique appeal to the proposed development. This opportunity is ideal for developers looking to create an exclusive enclave that seamlessly blends modern luxury with the relaxed charm of coastal living. The proposed mix of terraced and detached villas brings versatility to the project, appealing to a variety of preferences and lifestyles. Whether future buyers seek the privacy of a standalone villa or the community feel of a terraced home, this development could meet diverse demands within a unified and harmonious design. The gated community concept adds an additional layer of exclusivity and security, making this project even more attractive to discerning buyers. For investors and developers dreaming of a real estate venture in Portugal’s Algarve, this property stands out as a prime choice. The pre-approval simplifies the initial stages of the development process, allowing for faster execution of plans and minimizing delays. This ensures that your vision for a luxury coastal community can be brought to life with efficiency and precision. In summary, this property represents an unparalleled opportunity to invest in the Western Algarve's thriving real estate market. Its ideal location, breathtaking sea views, and pre-approved project for a small condominium make it an exceptional proposition for those looking to create something truly special.