Land for sale in Loulé, Portugal — €3,750,000

About this land

One of the best Comercial spots in Algarve area The plot has a total area of 10.000m² with 2.500m² of above-ground buildable area and another 2.500m² underground, offering flexibility for various projects. Additionally, the maximum footprint area (3.835m²) allows for the development of 1.335m² of outdoor space, such as parking or green and recreational areas. The proposed development site is situated in the sought-after Fonte Santa area, just 1 km from the beautiful beaches of Almargem and Praia do Lagoa. The exclusive resort of Vale do Lobo lies less than 3 km away, while the renowned golf courses of Quinta do Lago and Vale do Lobo are within a short 5 to 10-minute drive. Nestled within the prestigious Golden Triangle of the Algarve, this location offers a secure, prosperous lifestyle in one of Europe's most desirable regionsboasting up to 300 days of sunshine per year¹. Portugal ranks 7th on the Global Peace Index out of 163 countries. This is a well-established area, characterized by elegant standalone villas surrounded by native flora. The site benefits from excellent road frontage along the main route connecting Vale do Lobo, Vilamoura, and Quarteiraoffering high visibility and a steady flow of passing traffic. This makes it particularly well-suited for commercial or mixed-use projects. The surrounding neighbourhood is already well-established, with nearby residential developments, local restaurants, a LIDL supermarket, and a popular weekly market. Within just 1 km, a new 4-star hotelis under construction, and plans are in place for 20 luxury villas and a 5-star hotelall of which enhance the investment potential of this prime site. Just under 1kmaway lie the unspoiled beaches of Almargem and Trafal, offering a peaceful natural setting that enhances the areas lifestyle appeal.