Loulé (Algarve)Faro (Algarve)Portugal8100-908
![Loulé (Algarve), Faro (Algarve), Portugal](https://assets.xomio.com/listings/images/rl-132720870__0__720.jpg)
The Commercial for Sale located at Loulé (Algarve) Faro (Algarve) 8100-908 Portugal with 10 bathrooms is currently for Sale, Loulé (Algarve) Faro (Algarve) 8100-908 Portugal is listed for $14,420,346. If the property located at Loulé (Algarve) Faro (Algarve) 8100-908 Portugal isn't what you're looking for, search Portugal Real Estate to see other Commercial for Sale in Loulé (Algarve) .
MLS#: C0205-05724
$14,420,346 USD
€13,000,000 EUR
- Minimum sellable space
- 4,220m²
Property features
Construction details
- Year built
- 1989
Area
- Property size
- 4,220m²
- Land/Lot size
- 31,472m²
- Bathrooms
- 10
Description
Exceptional Property Presentation in the AlgarveIt is with great enthusiasm that we introduce this remarkable property, strategically located in the Algarve, (VILAMOURA), covering a total area of 31,472.00 m2. Within its premises, you will find the Algarve's largest nightclub, with a construction area of 5,040.00 m2 which currently requires no intervention. Moreover, it offers the possibility of expanding with the potential for construction of up to 7,500 m2.Prime LocationThe property is strategically situated in a highly coveted area, (VILAMOURA), drawing the attention of both local residents and international tourists. Its close proximity to breathtaking beaches, popular tourist attractions, and various local amenities guarantees a continual demand for entertainment and leisure activities.The Largest Nightclub in the AlgarveCovering a built area of 5,040.00 m2 and offering the potential for expansion up to 7,500 m2, this property presents abundant space to uphold its distinction as the most prominent nightclub in the region. Envision a modern and meticulously planned space, featuring expansive dance floors, cutting-edge sound and lighting systems, alongside exclusive lounge areas, providing an unparalleled experience of enjoyment and nocturnal entertainment.Urbanization PotentialFurthermore, the property presents the opportunity to reconfigure its current use. Through strategic parceling, there is the potential to expand the construction area, creating new prospects for establishing a comprehensive entertainment complex, which may encompass restaurants, bars, shops, event venues, and other attractions, transforming it into a distinguished destination in the Algarve.Lucrative Investment OpportunityThis property represents an outstanding highly lucrative investment opportunity for visionary entrepreneurs aiming to participate in the thriving commercial, entertainment, and tourism sector of the Algarve. Given the escalating demand for top-notch entertainment experiences, the potential for a substantial return on investment is highly promising. Additionally, this investment has the capacity to positively impact the region and its local community.This presents a unique chance to acquire a property with incomparable and unparalleled potential in the Algarve. For those seeking a strategic and profitable investment in the entertainment sector, this opportunity to be part of creating the largest nightclub in the Algarve and exploring the exceptional urban development potential of this property should not be overlooked.
Location
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