Investing in this plot in the Algarve is straightforward with the current approved project for two villas already in place. Priced at €395,000, this property not only provides a prime piece of land measuring 1347m² but also includes plans for two semi-detached villas, each with a generous 242.98m² layout complete with pools. Located in Loulé, this plot offers glorious countryside views, making it an enticing location for future homeowners or renters.
The approved project offers the flexibility to be sold as one larger detached villa if desired, presenting an adaptable option for developers or investors considering various market demands. Situated just a short distance from both beaches and a variety of golf courses, you can attract a wide range of potential buyers or renters looking for a luxurious lifestyle in the Algarve.
Accessibility is fantastic, with the Mar shopping centre within walking distance and additional local amenities just a stone's throw away. This enhances the appeal for those looking to build high-end residential properties in a sought-after area of Loulé.
Furthermore, the practicality of mains water and drainage provision ensures a smoother construction phase, allowing you to focus on design and aesthetics. As property values continue to rise in this vibrant region, the investment opportunity here is compelling for both private and commercial developers.
With the tranquil setting and investment potential, now is the time to act. Contact us to explore this opportunity today and start your journey to owning a piece of the Algarve!
• 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)
