Plot with Approved Project for Exclusive Condominium of 15 Semi-Detached Houses

€4,000,000

6,467 m² Plot surface

Description

Looking for a strategic property investment? We present two plots of land, sold together, with a generous total area of 6,467 m² and a building capacity of 3,233.50 m². Located in a highly valued, quiet area just a few minutes north of the prestigious Quinta do Lago. Architectural project already approved by Loulé Town Hall for the development of a condominium comprising 15 semi-detached houses. Each residence will offer a contemporary design distributed over ground floor, first floor, rooftop and basement, as well as a private swimming pool. The total living area for the 15 villas is 3,233.50 m², including the basement. The plot faces a public road and already has access to the public water and sewage network. This is an unmissable opportunity for investors and property developers looking for a project with high return potential. Contact us today for more information and to arrange a site visit.

Engel & Völkers Quinta do Lago

+351 289 395 165

Your advisor: Nadim Awad

Property ID: W-02MKY8

Location: Almancil, Faro District

With quick and easy access to Almancil's main roads, this plot is strategically located just a few minutes from Quinta do Lago and the centre of Almancil. In addition, the stunning beaches of Vale do Lobo and Quinta do Lago are just 10 minutes away, offering a truly exclusive lifestyle to future residents.

Commission details

Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations. Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Reproduction in whole or in part of photographs, videos and virtual tours, without written permission, is prohibited.