This plot of land with 1,485 m2, now for sale with a project to construct 3 villas, is ideally located just a short drive from Loule and Almancil in the central Algarve, offering convenient access to a wide range of amenities that ensure effortless everyday living. The world-renowned Vilamoura is only 5 minutes away, while Faro International Airport can be reached within 20 minutes, but also the prestigious resorts of Vale do Lobo and Quinta do Lago are within easy reach. The location perfectly balances a tranquil lifestyle surrounded by nature with proximity to modern conveniences. The plot comes with an approved project for the construction of three contemporary attached homes, each designed with a private pool, garage, and a rooftop terrace of more than 50 m2. The project includes two modern villas with two bedrooms each and one villa with three bedrooms, making it a versatile development for personal use or rental investment.
Please note that the approved building project for three attached properties can be modified to accommodate only two attached homes or even, if desired, one spacious or a smaller detached villa.
Details of the current Project:
Villa 1: (Construction area: 265.70 m2)
Ground Floor: Spacious living room with open-plan kitchen, 1 bedroom, 1 bathroom.
First Floor: 2 en-suite bedrooms, each with its own bathroom.
Basement: Parking for 2 cars and a storage room.
Villas 2 & 3: (Construction areas: 225.95 m2 and 227.45 m2, respectively)
Ground Floor: Bright living room with open-plan kitchen, 1 bathroom.
First Floor: 2 en-suite bedrooms with private bathrooms.
Basement: Parking for 2 cars and a storage room.
This is an outstanding investment opportunity to develop up to three modern homes in a highly desirable and central Algarve location. Whether for personal use or to generate rental income, this project offers exceptional potential at a very competitive price of Euro 249,000.
Please contact us for more information or a viewing appointment.
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