You can find a fantastic plot with an approved project for building villas in the heart of Loulé, priced at €395,000. This plot is uniquely positioned to facilitate the construction of two spacious villas, each encompassing 242.98m², complete with private pools and stunning countryside views. The area is renowned for its tranquil environment while providing easy access to essential amenities, including the Mar shopping centre—a short walk away. Located just minutes from the beautiful beaches and golf courses of the Algarve, investing in this plot represents an excellent opportunity for buyers aiming to develop luxury real estate. Additionally, there is potential to alter the existing project to construct one larger villa if desired, making it versatile for various investment strategies. The investment potential in Loulé is further enhanced by the area's growing popularity among international buyers seeking a lifestyle upgrade. To explore this property further, get in touch with us today to schedule a showing!
• 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)