Land for sale in Loulé, Portugal — €4,250,000

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.

Located in one of the most prestigious areas of the Algarve, near world-renowned golf resorts and luxury estates, this expansive 5,010 m² plot offers a rare investment opportunity with fully completed infrastructure. The property comes with an approved PIP for the development of 14 contemporary villas, characterized by the striking modern architecture seen in the conceptual renderings. The development plan features a significant total living area of 3,418 m², comprising 2,338 m² of construction above ground and an additional 1,080 m² below ground. Each residence is designed to maximize indoor-outdoor living, showcasing clean geometric lines. The architectural vision emphasizes luxury and privacy, with each villa featuring its own private pool, sun-drenched decks, and upper-level terraces. Situated at the end of a private access road, this site represents a turn-key development project in a region defined by high-end coastal living and exclusive amenities.