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Plot for sale

Loule, Algarve, Portugal

£1,746,217 *  [€2,100,000]

Plot for sale

Loule, Algarve, Portugal

£1,746,217 *  [€2,100,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 807 m2
  • Habitable space: 3714 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé
We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments. Located in one of the city's most sought-after areas, this land offers extraordinary development potential for investors looking to capitalize on a growing region.
Property Features:
Total Plot Area: 807m²
Gross Construction Area: 3,057m²
Basement Area (2 Floors): 657m²
Construction Volume: 10,233.30m³
Floor Level: 191.50
The approved project allows for the construction of 28 apartments, providing an excellent layout for modern and comfortable residential units. The two-floor basement, with an area of 657m², is ideal for parking and storage, adding significant value to the development and convenience for future residents.
TIIPOLOGIAS
Piso : 0- T2 -1 e T4- 2
Piso : 1- T2 -1 e T3-4
Piso : 2- T2 -1 e T3-4
Piso : 3- T2 -1 e T3-4
Piso : 4- T2 -1 e T3-4
Piso :5- T2 -1 e T3-4
TOTAL: 28
ÁREAS BRUTAS PRIVADAS:
Tipologia T4 - 177 m2 Tipologia T4/moradia c/ terraço privado + piscina privada - 234 m2
Tipologias T3 com varanda sudeste + 91 m2+ varanda)
Tipologias T3 com varanda noroeste + 89 m2+ varanda)
Tipologia T2 com varanda sudeste 73 m2+ varanda)
Tipologias T2 com varanda noroeste 94 m2+ varanda)
Tipologias T2 75 m2
Prime Location:
The plot is strategically located next to the Continente hypermarket in Loulé, offering immediate access to all essential amenities. The proximity to schools, residential areas, and main access roads makes this location particularly attractive for families and professionals seeking comfort and convenience.
Development and Growth Potential:
With a substantial construction volume of 10,233.30m³, this plot offers a unique opportunity to develop a high-quality residential project in one of the Algarve's most dynamic cities. The central location in Loulé, coupled with the already approved project, ensures a faster execution and potentially high return on investment.
About the City of Loulé:
Loulé is a vibrant and rapidly growing city, recognized for its high quality of life and excellent infrastructure. As one of the Algarve's key urban centers, Loulé blends the charm of a historic city with the benefits of a modern urban hub.
Infrastructure and Services: The city offers a wide range of services, including schools, healthcare centers, and a well-developed transport network. These factors contribute to the city's growing appeal, both for permanent residents and investors.
Quality of Life: Loulé provides a safe and welcoming environment, with a strong local community and all the necessary amenities for daily living. The city is also known for its cultural and sporting events, which attract visitors from across the Algarve and beyond.
Proximity to Beaches and Tourist Areas: Located a short distance from the popular tourist resorts of Vilamoura, Quarteira, and Vale do Lobo, Loulé benefits from a steady influx of tourists, contributing to property appreciation and the region's economic dynamism.
Conclusion:
This plot in the center of Loulé represents an exceptional investment opportunity, with an approved project and a prime location. Ideal for the construction of residential apartments, it offers significant growth potential in a city that is continually developing. Don't miss the chance to be part of Loulé's promising future by investing in one of the Algarve's most valuable real estate markets.
Energy Rating: Exempt
#ref: CS-TU-87224-LT-11
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This property listing (ref: CS-TU-87224-LT-11) is an advertisement supplied by Around the Sun Lda and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8315 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.