Land for sale in Loulé, Portugal — €5,980,000

Land overview

Land classification in this area is urban. Review the details to better understand this land classification and confirm the relevant considerations before making a decision or planning your next steps.

About this land

Original listing description, in Portuguese.

Premium Land for Housing Development in the Center of Quarteira We present an exclusive opportunity for real estate investors and developers: an urban plot with high construction potential, located in one of the most valued locations in Quarteira, just a few minutes' walk from the beach. With a total area of 1,500 m² and an approved project, this asset allows the construction of a modern and functional housing development, consisting of two independent buildings. A total construction area of 5,006.75 m² is planned, spread over approximately 46 apartments of typologies T1, T2 and T3 a balanced combination that responds to the demands of the current market. The project also includes 6 floors above ground and 2 basements, with parking for 82 vehicles (mostly indoors) and 33 storage rooms, ensuring convenience and added value to the final product. Located in the center of Quarteira, close to Vilamoura and Vale do Lobo, the land benefits from a consolidated environment, with immediate access to commerce, services, restaurants and the promenade. The proximity to the beach about a 5-minute walk away reinforces its premium positioning and attractiveness for both home ownership and investment. Highlights: Urban land with 1,500 m² Project approved for about 46 dwellings Construction area: 5,006.75 m² Typologies T1, T2 and T3 82 parking spaces + 33 storage rooms Central location, just minutes from the sea A solid opportunity to develop a reference project in one of the areas with the highest demand in the Algarve. Contact us for more additional information.