£399,823
(€124/sq. ft)
€479,000
Property for salePaderne, Albufeira, Portugal
8 receptions
3,853 sq. ft
About this property
Two Detached Homes, Sold As A Set
Two Detached Houses, Sold as a Single Unit
Property consisting of two detached houses, sold as a single unit, three urban parcels, and one rural parcel, with a stated building area of 358 m2 and a total land area of 6,288
Located in the Casas do Poço area, just 2 km from the center of Paderne, this property stands out for the size of its land, the diversity of its buildings, and the potential for development and enhancement, subject to urban planning feasibility and applicable legal conditions.
The property consists of:
1. Renovated single-story house
Layout:
• Entrance hall
• 2 bedrooms
• Modern white-lacquered kitchen
• Pantry
• Living room
• Bathroom
• Patio
• Water cistern
2. House and stable in need of restoration
Building with approximately 240 m2 of floor area, distributed across the ground floor and first floor, with generous spaces and comprising several rooms.
It requires restoration work and is ready to be renovated and adapted to the future owner’s needs.
3. Urban lot
Urban lot measuring 380 m2, with a potential building area of 80 m2, according to available data and subject to confirmation of applicable zoning regulations.
Location and Accessibility
Located in a quiet area, close to the center of Paderne and with good access to major transportation routes:
• Paderne Center: Approximately 2 km
• Highway access: Approximately 10 km
• Albufeira: Approximately 13 km
• Faro International Airport: Approximately 40 km
An Investment Opportunity in the Algarve
Given its size, layout, and location, this property offers potential for a renovation and real estate development project.
There is the possibility of renovating the ground floor and first-floor apartments and, subject to approval by the City Council, assessing the feasibility of increasing the building area, thereby creating conditions to maximize the return on investment through the operation of the various residential units.
An opportunity for those seeking a home of their own while also maintaining an investment component, or for investors interested in restoring and enhancing properties in the municipality of Albufeira, subject to the necessary legal approvals.
Amenities:
• Municipal water supply
• Public sewer system
It’s well worth seeing this property’s full potential in person! Schedule your visit today and discover the possibilities this property has to offer.
Two Detached Houses, Sold as a Single Unit
Property consisting of two detached houses, sold as a single unit, three urban parcels, and one rural parcel, with a stated building area of 358 m2 and a total land area of 6,288
Located in the Casas do Poço area, just 2 km from the center of Paderne, this property stands out for the size of its land, the diversity of its buildings, and the potential for development and enhancement, subject to urban planning feasibility and applicable legal conditions.
The property consists of:
1. Renovated single-story house
Layout:
• Entrance hall
• 2 bedrooms
• Modern white-lacquered kitchen
• Pantry
• Living room
• Bathroom
• Patio
• Water cistern
2. House and stable in need of restoration
Building with approximately 240 m2 of floor area, distributed across the ground floor and first floor, with generous spaces and comprising several rooms.
It requires restoration work and is ready to be renovated and adapted to the future owner’s needs.
3. Urban lot
Urban lot measuring 380 m2, with a potential building area of 80 m2, according to available data and subject to confirmation of applicable zoning regulations.
Location and Accessibility
Located in a quiet area, close to the center of Paderne and with good access to major transportation routes:
• Paderne Center: Approximately 2 km
• Highway access: Approximately 10 km
• Albufeira: Approximately 13 km
• Faro International Airport: Approximately 40 km
An Investment Opportunity in the Algarve
Given its size, layout, and location, this property offers potential for a renovation and real estate development project.
There is the possibility of renovating the ground floor and first-floor apartments and, subject to approval by the City Council, assessing the feasibility of increasing the building area, thereby creating conditions to maximize the return on investment through the operation of the various residential units.
An opportunity for those seeking a home of their own while also maintaining an investment component, or for investors interested in restoring and enhancing properties in the municipality of Albufeira, subject to the necessary legal approvals.
Amenities:
• Municipal water supply
• Public sewer system
It’s well worth seeing this property’s full potential in person! Schedule your visit today and discover the possibilities this property has to offer.
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