Fenced plot of land with 4380m2 and sea views, located in the Vale Navio area of Albufeira. It has an approved project, with a license ready to be lifted, for a 5-bedroom luxury villa, 595m2, facing south and with a 17m x 4m swimming pool. The basement comprises: cinema room (45m2); spa (11m2); wine cellar (11m2); parking (133m2); technical area (18m2); pantry (10m2); storage (5m2); bathroom (4m2) and pool machine room (35m2). The ground floor comprises: entrance hall (11m2); dining room (23m2); living room (32m2); TV room (21m2); master suite (40m2); suite (25m2); suite (25m2); suite (27m2), gym (25m2); kitchen (19m2); laundry room (9m2) and patio (29m2). The 1st floor consists of: jacuzzi (7m2); games room (32m2); office with bathroom (15m2); terrace (52m2) and roof terrace (128m2) Location with privacy and quiet, about 2 kms from Balaia beach, shops and services such as supermarkets, restaurants, public transport, school and golf within walking distance, about 1 km, and 10 minutes from the center of Albufeira. Shopping center, N125, hospital about 5 km away and 30 km from Faro International Airport. It benefits from good access and public services, mains water, basic sanitation, electricity and a borehole. An excellent investment in a sought-after area. Ideal for a new home, vacations or for renting out.