House, Albufeira e Olhos de Água, Faro

5-bedroom villa, in need of renovation, with 462 sqm of gross construction area, sea views, pool, and garden, situated on a plot of land measuring 5,025 sqm, in Cerro de Águia, Albufeira, Algarve. This property offers excellent potential and is nestled in a peaceful residential area on a hillside, providing magnificent sea views. It presents an ideal opportunity for individuals seeking to construct their dream home or for investors looking to capitalize on its potential.Albufeira is a city located in the Algarve region of south Portugal. It is known for its beautiful beaches and vibrant nightlife. The city offers a unique combination of historical charm and modern tourist amenities. Albufeira's nightlife is extremely popular, especially during the summer months. The city boasts a wide array of bars, nightclubs, and beach parties, making it an attractive destination for nightlife enthusiasts. As a tourist city, Albufeira also has a well-developed tourist infrastructure, with a variety of hotels, restaurants, shops, and leisure activities.The property is located within a 5-minute driving distance from Evaristo Beach, 8 minutes from the marina and center of Albufeira, and 24 minutes from Vilamoura International School. It is also 45 minutes away from Faro Airport and a 2-hour and 30-minute drive from Lisbon.