Investing in this plot for sale in Loulé, which comes with project approval for two luxury villas, is straightforward and incredibly appealing. For just €395,000, you acquire not only the plot but also the approved project ready for development. This plot is situated in a highly sought-after area, offering breathtaking countryside views, which enhances its desirability among future home buyers and renters alike. With the option to modify the project into one large villa, this property gives flexibility to potential developers. Its proximity to essential amenities like the Mar shopping centre, beaches, and golf courses makes it even more attractive. Furthermore, Loulé's location within the Algarve ensures a steady demand for rental properties, enhancing the investment's return potential. Discover the unparalleled lifestyle that comes with owning a property in this vibrant area. Explore financial benefits such as potential high ROI and the ability to offer luxury accommodations in a prime location. Seize this chance to invest wisely; contact us today for a viewing!
• 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)
