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Why should I invest in a plot with a project for villas in central Algarve?

Plot in Loulé

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

Investing in a plot with a project for villas in central Algarve presents an excellent opportunity for savvy buyers. This particular property in Loulé not only includes an approved project for two individual villas but also promises stunning countryside views and convenient access to necessary amenities. Priced at €395,000, this plot allows for the construction of spacious homes, each with a pool, desirable for both permanent living and vacation rentals. The location offers proximity to beautiful beaches and golf courses, ideal for those wanting an active lifestyle in pleasant surroundings. Furthermore, the plot is located within walking distance to the Mar shopping centre, which enhances its appeal for future tenants or residents. The ability to modify the project to create a larger villa adds versatility, catering to diverse market demands. With significant investment potential and the allure of the Algarve lifestyle, seizing the chance to develop in this sought-after area can yield substantial returns. Contact us today to discuss this remarkable opportunity in greater detail!

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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