Buying a plot for development in central Algarve, specifically this one in Loulé, offers several key advantages, including a competitive price of €395,000 for the plot and its approved project for two villas. Ideal for both developers and private investors, the plot spans 1347 m² and comes with a full planning information package (PIP) to facilitate a smooth development process. The project’s design for two semi-detached villas ensures versatility while providing the potential for strong rental returns in an ever-growing market. The prime location boasts proximity to beautiful beaches, major golf courses, and essential amenities, ensuring that both residents and holidaymakers find the area appealing. Structural provisions for mains water and drainage simplify construction, making it an attractive option for investors. The unique scenery and lifestyle that Algarve offers, with its serene surroundings and vibrant culture, continually draw attention from buyers. Loulé itself is renowned for its charm and accessibility, ensuring your investment maintains its value over time. Furthermore, the possibility of altering the project to accommodate a single landmark villa makes this a particularly unique opportunity. Investing in this region grants buyers access to a high-demand market, where the beauty of the landscape supports year-round tourism. Seize this incredible opportunity to build and invest in your dream project today—contact us now for more details!
• 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)
