The cost of a prime plot with an approved project for building villas in central Algarve is €395,000. This plot not only offers an excellent price but also includes official plans for two luxurious villas, each designed for optimal comfort and style. Located in Loulé, just minutes from beaches and golf, this property presents an incredible investment opportunity. Spanning 1347m², the plot features all necessary utilities like mains water and drainage, making it ideal for immediate construction. Each villa can be built to 243m², providing ample space for various layouts catering to families or luxury rentals. The vibrant Mar shopping centre is within walking distance, enhancing the appeal of this location for future homeowners or tenants. Additionally, the flexibility to alter the project to a single larger villa adds versatility to this investment. Properties in this region are highly sought-after, ensuring a promising ROI for buyers. Don’t miss out on the chance to invest in a thriving market in one of Portugal’s most beautiful areas. Reach out today for more information about the purchase process!
• 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)
