Loulé presents excellent investment opportunities for building villas, highlighted by this available plot priced at 395,000 euros. The property comes with an approved project for two individual villas, each including pools and stunning countryside views. The plot's strategic location ensures residents are just a short distance from the bustling Mar shopping centre and popular golf courses. Given the vibrant tourism and residential markets in the Algarve, this opportunity is perfect for developers or private investors looking for high return on investment (ROI) potential. You can also opt to modify the project into a larger detached villa, expanding your investment options even further. The plot covers 1,347m² and offers full PIP, making regulatory approvals straightforward for potential buyers. This area is growing in popularity, ensuring your investment would be well-placed for future appreciation in value. Connect with us today to explore this unique opportunity 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)
