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How much does it cost to buy a plot with project for two villas in Algarve?

Plot in Loulé

ref. VM2099
675.000€ 395.000€
  • NA
  • 1.347m2
  • Building Plot

The cost to buy this exceptional plot with an approved project for two villas in Algarve is €395,000. This price includes both the plot and the projects, making it an enticing opportunity for investors or developers. Each villa is designed to offer spacious living, with the potential to create individual properties or a single larger villa. The approved project accommodates two semi-detached villas, each measuring 242.98m². Located just a few minutes' drive from stunning beaches and the renowned Faro golf courses, the area is both tranquil and conveniently situated. The project can also be adjusted to suit your preferences, including the option of acquiring a turnkey finished property for €1,100,000. Situated within walking distance of the Mar shopping centre, this plot offers breathtaking countryside views that enhance its appeal as a desirable investment. Mains water and drainage systems are already nearby, facilitating an easy build process. Given its location and amenities, this property presents significant rental potential, paving the way for a solid return on investment. Take advantage of this extraordinary opportunity today, and explore the possibilities available with this plot. Contact us now for more information!

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)
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