Properties for sale in Algarve's sought-after areas, like the plot in Loulé we're showcasing, are abundant with investment opportunities. This specific plot, priced at €395,000, includes approved plans for two individual villas, perfectly situated to attract interest from potential renters or buyers. Spanning 1347m², this prime location allows for easy access to the Mar shopping centre, local beaches, and recreational activities, making it an attractive prospect for both residents and tourists. The area is renowned for its scenic views and tranquil lifestyle, further enhancing its investment attractiveness. Additionally, with approvals in place, investors can commence building quickly, ensuring a fast and profitable return on investment. The opportunity to adapt the project to a single, larger villa allows flexibility in your investment strategy, catering to various buyer demographics. Given Algarve's escalating property values and high demand, investing in this plot offers substantial growth potential. Join the thriving property market by contacting us today to learn more about this incredible investment opportunity!
• 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)
