Investing in building villas in the Algarve can start with this fantastic opportunity in Loulé, where you can acquire a plot with an approved project for two luxury villas. Priced at €395,000, this property offers a generous plot size of 1347 m², which allows for creative architectural designs and enhanced living spaces. The project boasts plans for two semi-detached villas, each comprising 242.98 m² and positioned to take advantage of the stunning countryside views from large terraces. Potential investors should note the proximity to Mar shopping centre, which enhances the desirability for holiday rentals or permanent residences. Furthermore, accessing several golf courses, beaches, and the main roads adds to the strategic advantage of the location. The plot provides mains water and drainage, making it easier to commence construction without unnecessary delays. This project represents not only a residential development opportunity but also a chance to play a part in the growing demand for quality living spaces in this picturesque region. It’s an ideal venture for both experienced developers and those looking to create their own holiday home while benefiting from market value appreciation. Don’t hesitate to contact us for further information on this exciting 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)
