Investing in a plot for new villas with pools in Faro is made easy with this unique offering in Loulé, complete with an approved project for two villas. Priced at €395,000, the plot includes the full planning permission for 242.98m² villas, each designed to feature private pools, making it an appealing opportunity for investors seeking luxury property in the Algarve. Located mere minutes from the Algarve's stunning beaches and golf courses, the plot provides easy access to essential amenities including the Mar shopping centre, perfect for modern living. Besides the ability to build two individual villas, there is also the possibility to convert the project into a single larger villa spanning nearly 486m². This flexibility provides excellent investment potential and appeal in the current market where demand for rental properties is rising. The surrounding area is known for its lush countryside views, contributing to a peaceful lifestyle while still being in reach of vibrant local culture. Don’t miss your chance to invest in this valuable piece of real estate. Contact us today to discover more about this investment opportunity!
• Plot Size 1347m²
• Project for 2 villas 242,98m² each
• The price includes the plot and the approved project but not the construction of the building
• Mains Water and Drainage
• Close to Town and Amenities
• Easy Access
• Distance to Beach 12,5km
• Sold with full PIP
This plot is located walking distance from Mar shopping centre, offering fantastic views across the countryside of the Algarve and with peaceful surroundings.
The pre-approved project is for 2 semi-detached villas each with 242,98m², however with an alteration, there is an opportunity for the project to be sold as one larger detached villa (485,96m² total construction plus 131,44m² basement). There is also an opportunity to buy this as a turn key finished property for €1,100,000.
There will be on the ground floor, 2 en-suite bedrooms, living / dining room, kitchen, WC and a large terrace. On the 1st floor there will be 2 en-suite bedrooms and a large terrace. Both villas will have pool, basement and a driveway with parking.
Amenities
• Mains water, electricity and sewage
• Easy access
Location
• Distance to Sea – 8,6km
• Distance to Beach – 12,5km
• Distance to Nearest Golf – 15,4km
• Distance from Airport – 13,2km
• Distance to Nearest School – 9,1km
• Distance to Nearest Amenities – 1,4km (Mar Shopping Centre)
