🏢Investment & Renovation Opportunity in Vale Serves – Ferreiras, Albufeira!
We present this
urban building with massive yield and development potential, located in
Vale Serves, Ferreiras (Albufeira municipality), available for
€465,000.
Registered as built
prior to 1951, this property offers great legal and architectural advantages for investors and developers. Sitting on a
total plot size of 502.30 m2 with a
gross construction area of 422.89 m2, it provides ideal conditions for a full renovation project,a high-yield residential/holiday rental project in the Sunny Algarve.
The property is currently in need of
total renovation/reconstruction, allowing the new owner to fully customize the indoor and outdoor spaces according to their investment strategy.
✨ Property Highlights
- Development Potential: Feasibility to build/convert into at least 4 two-bedroom apartments.
- Pre-1951 Construction: Exemption from original usage license, streamlining renovation and licensing procedures.
- Total Plot Area: 502.30 sqm.
- Footprint Area: 385.70 sqm.
- Gross Construction Area: 422.89 sqm.
- Private Gross Area: 175.27 sqm.
- Dependent Gross Area: 247.62 sqm.
- Condition: Total renovation / reconstruction required.
- Location: Vale Serves, Ferreiras (Albufeira).
- Price: €465,000.
- Reference: DSIAP226.
🔑 About Us
At
DS Imobiliária Albufeira Prime, we believe buying real estate is more than a transaction: it is the launch of a high-value project. We offer transparent and expert guidance at every stage. In addition, we partner with specialized teams in
architecture, construction, renovation, and rental management to help you maximize your return on investment.
🌍 About the Area: Ferreiras, Albufeira
Located in the Albufeira municipality, Ferreiras is a rapidly growing residential area, highly sought after for its peaceful setting and strategic location in the Algarve.
- Accessibility: Direct proximity to Albufeira-Ferreiras Train Station, EN125, and the A22 highway.
- Close to Beaches: Just a short drive to Albufeira town center, Guia, and top Algarve beaches.
- Services & Amenities: Surrounded by supermarkets, schools, restaurants, and public transport.
- High Rental Demand: Excellent location for long-term or holiday rental projects.
📞
Schedule your visit today and discover the full potential of this property in Vale Serves!