The cost of this exceptional building plot in Faro is €395,000 and it includes an approved project for two semi-detached villas. Each villa is designed to provide 242.98m² of exquisite living space and comes with the luxury of private pools, making it a great investment for anyone looking to build a dream home in the Algarve. Located in Loulé, you’ll enjoy a prime position that is just a few minutes' drive from gorgeous beaches and prestigious golf courses.
Additionally, this plot is within walking distance to the Mar shopping centre, perfect for leisure shopping and dining. What truly makes this offer stand out is that the price encompasses both the land and the approved project. If you're considering developing in this popular region, this represents a unique chance to establish residential properties that cater to the burgeoning demand for quality accommodation.
The site measures an impressive 1347m² and comes fully equipped with mains water and drainage, ensuring a hassle-free building experience. With the potential alteration of the project to create a single large villa, there is flexibility in the design options to fit your vision.
Investing in this property means gaining access to beautiful countryside views and a tranquil environment. As the area continues to grow, the development potential here offers an exciting opportunity for strong rental yields or resale value.
Moreover, with easy access to roads and local services, residents will appreciate the blend of relaxation and convenience. Seize this opportunity and contact us today for further details and to arrange a site visit.
• 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)
