Loulé (Algarve), Faro (Algarve), Portugal
Listed By CENTURY 21 Rise and Shine
The Land for Sale located at Loulé (Algarve), Faro (Algarve), Portugal is currently for sale. Loulé (Algarve), Faro (Algarve), Portugal is listed for $1,638,908. If the property located at Loulé (Algarve), Faro (Algarve), Portugal isn't what you're looking for, visit https://www.century21global.com to see other Lands for Sale in Loulé (Algarve) .
Date Updated : Feb 1, 2025
MLS#: C0484-00294
$1,638,908 USD
€1,600,000 EUR
- Minimum sellable space3,149m²
Property features
Area
- Land/Lot size: 3,149m²
Description
AN EXCELLENT OPPORTUNITY FOR INVESTORS AND DEVELOPERS IN THE ALGARVE!In Loulé, a dynamic and growing city, a plot of land with an approved PIP is available for sale. This project allows for the construction of a modern building with 25 apartments and 30 parking spaces.📍 Strategic Location – Rua Adelino da Palma Carlos✔ Just 15 minutes from Vilamoura Marina, one of Europe’s most sophisticated destinations✔ 20 minutes from Faro Airport, with direct connections to major European capitals✔ Close to stunning beaches, renowned golf courses, and shopping centersProject Specifications✅ Total land area: 4,716.7 m²✅ Maximum construction area: 3,301.69 m²✅ Maximum number of floors: 5 above ground level + 1 basement✅ Residential use – 25 apartments✅ Parking: 30 private spaces + 16 public spaces✅ Green areas and leisure spaces ceded to the municipality💡 Why invest here?✔ Loulé is expanding, with high real estate demand and excellent infrastructure.✔ Approved PIP, reducing uncertainties and accelerating investment returns.✔ A high-value growth area, ideal for permanent residence or rental opportunities. DON’T MISS THIS OPPORTUNITY – INVEST IN LOULÉ, A RISING DESTINATION!