Land for sale in Loulé, Portugal — €1,800,000

About this land

Original listing description, in Portuguese.

Plot of Land with Approved Allotment Permit - Construction of 16 Dwellings - 6 Floors + 2 Parking Basements for 11 carsConstruction Volume 5,369.39 m2 Housing 1604 m2 - Parking Spaces 11I present an excellent plot of land for construction located in Loulé, in a consolidated urban area of great appreciation, ideal for those looking to develop a quality real estate project in one of the most dynamic cities in the Algarve. The plot has a total area of 504 m² and stands out for having an approved project, allowing the construction of a building with 6 floors above the threshold level, 16 dwellings, 2 basements, Plot of Land with Approved Allotment Permit - Construction of 16 Dwellings - 6 Floors + 2 Parking Basements for 11 carsConstruction Volume 5,369.39 m2 Housing 1604 m2 - Parking Spaces 11I present an excellent plot of land for construction located in Loulé, in a consolidated urban area of great appreciation, ideal for those looking to develop a quality real estate project in one of the most dynamic cities in the Algarve. The plot has a total area of 504 m² and stands out for having an approved project, allowing the construction of a building with 6 floors above the threshold level, 16 dwellings, 2 basements, 11 parking spaces, which represents a significant advantage for those who want to start work immediately, without delays associated with licensing processes.The location offers great access, proximity to shops, services, schools and established residential areas, making this land especially attractive for both investors and developers and builders looking for a solid asset with high return potential.The surroundings are characterised by an organised urban environment, with completed infrastructures and a growing demand for housing, which reinforces the viability and interest of this type of project.The possibility of developing a 6-storey building plus basement allows the creation of a modern, functional housing complex adjusted to the current needs of the market, whether for sale or rent. This plot represents a rare opportunity for those who want to invest in land with clear conditions, documentation in order and an urban framework already defined, facilitating the entire planning and execution process.It is an ideal solution for those who value efficiency, strategic location and potential for future appreciation, in one of the most sought-after municipalities in the Algarve.Our Financing Department has very attractive financial solutions for builders or investors, come and learn more, we look forward to your contact! Energy Rating: In progress #ref:CC_18162