The residential plot in Loulé, Algarve, is currently priced at €395,000, which includes an approved project for the construction of two brand new villas, each covering 242.98m². This prime opportunity is perfect for buyers looking to invest in a competitive market known for its stunning countryside views and proximity to both beaches and golf courses, just minutes away. By purchasing this plot, you can tap into the lucrative property market in central Algarve, which is increasingly attractive to developers and private investors alike.
The plot itself spans 1,347m² and comes with mains water, electricity, and sewage access. It is ideally situated within walking distance to the Mar shopping centre, offering a variety of amenities and convenient access to local eateries. Easy access to main roads enhances the appeal of this location, making it an ideal choice for both vacation homes and rental investments. Buyers have the flexibility to modify the pre-approved project to construct a single larger villa if that aligns better with their vision, making this an adaptable investment.
With the potential to create a luxurious living space complete with a pool and terraces, this plot is a dream for anyone looking to build their ideal home in the sunny Algarve. The plot's location is also a significant draw, with a distance of 12.5 km to the beach and only 15.4 km to the nearest golf course. It's a perfect match for those seeking an investment in the ever-popular Algarve region.
Explore the opportunity to invest in this sought-after area, where property values are set to increase as demand rises. Contact us now to schedule a viewing or for more information on the buying 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)
