Buying a plot for two villas near Loulé offers numerous benefits, especially with an approved project and stunning countryside views in the heart of Algarve. The plot, priced at €395,000, allows you to create two semi-detached luxury villas, making it an exceptional investment opportunity for buyers looking to enter the Algarve property market. With the current demand for high-quality holiday rentals, this location can provide substantial rental income.
This 1,347m² plot not only includes the approved project for 242.98m² villas but also comes equipped with essential utilities and easy access to nearby amenities, including the Mar shopping centre just a few minutes away. Investors can seize the chance to modify the project to construct a single, larger villa, appealing to a wider audience. The area’s appeal lies in its tranquil setting while remaining conveniently close to beaches—only 12.5 km from the nearest beach, making it ideal for vacation homes.
The proximity to golf courses, with the nearest being 15.4 km away, further enhances the attractiveness of this investment. Buyers can relish in the guaranteed potential for growth as property values in Algarve continue to rise. Advantageous features like being walking distance from essential amenities and having the option for turn-key projects available for €1,100,000 are just the cherries on top.
In summary, this plot represents a golden opportunity for both developers and private buyers looking to make a significant investment in Algarve's flourishing property market. Don't miss out on this excellent chance; reach out to us today to discuss the possibilities!
• 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)
