Investing in a development project for two villas near Mar shopping centre is easy with this exceptional plot in Loulé. The property comes complete with approved plans for two stylish villas, each crafted to offer expansive living spaces of 243m². Located just a short drive from the stunning Algarve beaches and golf courses, this site is perfect for buyers looking to capitalise on the booming rental market in the region. The plot, measuring 1347m², also includes essential utilities like mains water and drainage, making the building process straightforward. Walking distance to the Mar shopping centre ensures residents have easy access to shops, restaurants, and services, enhancing the appeal for tenants or future buyers. Furthermore, investors have the option to modify the layout to a single larger villa if desired, creating flexibility depending on your investment strategy. With a competitive price of €395,000, this plot is a golden opportunity for developers and private investors alike. The location is rapidly growing in popularity, assuring excellent ROI potential and a quick project turnaround. Seize this opportunity to invest in the Algarve today! Contact us to discuss this project further!
• 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)
