Your Property Specialists
Plot
Full Screen

How can I invest in a property project for two villas near Mar shopping centre?

Plot in Loulé

ref. VM2099
7.461.228SEK 4.366.200SEK
  • NA
  • 1.347m2
  • Building Plot

Investing in the approved property project for two villas near Mar shopping centre is straightforward and offers great potential for returns. Priced at €395,000, the investment includes a 1,347 m² plot with plans for two semi-detached villas of 242.98 m² each. Located in Loulé, you’re a stone’s throw from both beautiful beaches and golf courses in central Algarve, ensuring endless opportunities for leisure and rental income. The approved project also allows flexibility; it can be adjusted to convert the two villas into a single larger villa if desired. Local amenities, including shops and restaurants, are within easy reach, enhancing the appeal for future tenants and buyers alike. Utilities such as mains water and drainage are available, streamlining the development process. This property not only promises a desirable location but also a lucrative opportunity for any serious investor. Don’t miss out; reach out today to learn more about this exciting venture!

Usage
Residential
Type
Plot
Town
Loulé
Parish
Loulé (São Clemente)
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
1.347 m²
Countryside View
Building Plots
• 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)
Enquire Now   +