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

€3,500,000
  • 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.

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Engel & Völkers Quinta do Lago

Property ID: W-02MKY8

Property details

Object type

Other

Plot surface

6,467 m²

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.

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Land & Lots for sale in Faro District

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Engel & Völkers Quinta do Lago

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Provider:

Doublegleeful Unipessoal, Lda.

License partner of Engel & Völkers Residential GmbH

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