For discerning investors seeking new builds in Algarve, this plot in Loulé presents an excellent chance to capitalise on a burgeoning market. Priced at €395,000, this property comes with an approved project for two villas and is set in a highly desirable region just minutes from local amenities and the stunning coastline. The plot spans 1347 m², affording you ample space for development, and includes plans for semi-detached villas each measuring 242.98 m². Being just a short journey from essential amenities and recreational activities, this location is perfect for families and professionals alike. With options to adjust the layout for one expansive villa, you can maximise your investment in this flourishing area. The Algarve continues to attract attention from both local and international buyers, solidifying its reputation as a top investment destination, especially in Loulé. Benefit from the surrounding beauty and quality of life while ensuring good rental potential from holidaymakers year-round. The region has easy access to major transport links and boasts exquisite natural surroundings. This opportunity is ideal for buyers looking to develop properties that enhance the lifestyle appeal while securing a strong return on investment. Don’t wait; contact us for further information on how to make this your next investment project!
• 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)
