Plot for Residential Building with views over the sea and the Algarve coastline

€1,200,000

504 m² Plot surface

Description

Discover the potential of this plot in Loulé, one of the most important and charming cities in the Algarve! Located in a privileged area of the city, it offers a quiet and complete residential life, with easy access to all essential services and a rich social and cultural life. With constructive viability for a residential building with 16 apartments, it offers unobstructed views over the sea and the Algarve coast. The gross construction area of 1,604 m2 makes it possible to create an extraordinary project, with freedom to build up to 6 floors, plus a basement. The plot size of 504 m2 ensures enough space for an impressive and attractive construction, guaranteeing a unique and valued development. In addition, the 308 m2 deployment area offers flexibility in the design of the building, allowing the creation of leisure areas and common spaces for future residents, providing a complete and harmonious residential environment. Do not miss this opportunity to invest in a promising project, in a privileged location with stunning views. Contact us now for more information and embark on this successful journey in the Algarve property market!

Engel & Völkers Quinta do Lago

+351 289 395 165

Your advisor: Olívia Lopes

Property ID: W-02SU6C

Location: Loulé, Faro District

The location is truly privileged, situated in the municipality of Loulé, which is home to some of the Algarve's best tourist urbanisations, such as the Golden Triangle, Quinta do Lago, Vale do Lobo and Vilamoura. In addition, the area offers the best beaches in the region and the renowned Vilamoura marina. The surrounding area is full of essential amenities, including hospitals, private clinics and universities with various academic facilities. For families, the region has schools from the first to the third cycle, pre-schools and nurseries, as well as a shopping area and the Continente supermarket. Just 5 minutes away, we find Mar Shopping and IKEA, while the Fórum Algarve Shopping Centre in Faro is just a 10-minute drive away. Just ten minutes away by car, we have Faro Airport, and a few minutes away, we find the bus terminal, the railway station and access to the Via do Infante motorway. For history lovers, the Historic Centre of Loulé, the Castle and other historic buildings are just a few hundred metres away, providing a charming touch to the region.