Investing in Loulé offers unparalleled opportunities, particularly with the approved project for two villas on this stunning plot. Priced at €395,000, this investment presents the option to immediately begin construction on two semi-detached villas, each with an expansive area of 242.98m². As Loulé is growing as a hotbed for residential developments, this is a golden chance for astute investors looking to profit from the rising market. The surrounding area features essential amenities like the Mar shopping centre, ensuring all daily conveniences are just a stone's throw away. With rentals in high demand in the region due to tourist attractions and the beautiful Algarve landscape, your investment has the potential for significant ROI. Additionally, the region's proximity to beaches and golf courses adds to its allure—appealing to both homebuyers and vacationers alike. The plot, measuring a generous 1347m², allows for creativity and flexibility in villa designs catering to contemporary living and lifestyles. Don't miss this chance to enter the booming Algarve real estate market. Contact us today to learn more!
• 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)
