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What is the cost of a plot for sale in Faro with a project for two villas?

Plot in Loulé

ref. VM2099
675.000€ 395.000€
  • NA
  • 1.347m2
  • Building Plot

The cost of this prime plot in Faro is €395,000, which includes an approved project for two villas with stunning countryside views. Each villa in the project is designed to be 242.98m², offering ample space for guests or family. Notably, the plot measures 1347m², providing a perfect foundation for potential buyers looking to invest in the Algarve. Situated just a few minutes' drive from both the beach and golf courses, it’s an ideal location for both living and leisure. Additionally, the property is within walking distance of the Mar shopping centre, making it incredibly convenient for day-to-day amenities. The offering includes mains water, drainage, and easy access to the surrounding area. Whether you're a private investor or developer, this plot presents an incredible opportunity in a sought-after location. The project can also be amended for a single larger villa if preferred. Plus, there's the option to purchase a turnkey solution that includes complete construction for €1,100,000. Don’t miss out on this lucrative investment opportunity—contact us today to schedule a viewing!

Usage
Residential
Type
Plot
Town
Loulé
Parish
Loulé (São Clemente)
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
1.347 m²
Countryside View
Building Plots
• 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)
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