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How to buy a plot with dual villa project approval in Algarve?

Plot in Loulé

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

To purchase a plot with dual villa project approval in the Algarve, consider this prime piece of land located in Loulé. Priced at €395,000, this 1347m² plot comes with an approved project allowing for the construction of two semi-detached villas, making it an ideal investment for buyers looking at residential development. Situated just minutes from Mar Shopping Centre, it boasts stunning views of the surrounding countryside. The property includes essential utilities like mains water and drainage, making the building process more manageable. This unique opportunity caters to those looking to build and benefit from the growing Algarve market. Reach out today to schedule your viewing!

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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