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What opportunities exist for developing villas on a plot in Loule?

Plot in Loulé

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

This unique plot in Loulé offers a prime opportunity for developing luxurious villas, with an approved project for two villas available for €395,000. Spanning 1347m², the property allows for individual designs with the possibility of two private pools, catering to both families and investors. Situated close to Mar shopping centre and various amenities, this location ensures an attractive lifestyle for future residents. Buyers will benefit from stunning countryside views and the option to alter the project to create one larger villa, significantly increasing the potential value of the development. The property also provides mains water and drainage services, streamlining the construction process for eager developers. With the Algarve being a popular destination for both permanent and vacation homes, the investment potential here is substantial. Invest in a thriving region that remains in high demand and explore the lucrative avenues this plot can offer. Contact us to discover more details about this exceptional opportunity!

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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