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

About this land

Ref. ALM78 Plot area - 557 m2 Prime Double Urban Plot With Ruin in the Heart of Almancil A unique opportunity awaits you in the vibrant center of Almancil! We present a double urban plot, strategically located on the main avenue, with easy access to renowned resorts such as Vale do Lobo and Quinta do Lago, the charming town of Loulé and the convenient Faro airport. This property offers endless potential. Take advantage of the opportunity to be part of Almancil's growth and prosperity. Property Highlights: Lot Size: 1st Urban Lot = 200 m2, 2nd Urban Lot = 357 m2, Total Double Lot = 557 m2. Building Possibilities: Option 1: Construct two separate buildings, one on each lot OR Option 2: Create one large building spanning both lots. Main advantages: Strategic location: Positioned on the main avenue, providing excellent visibility and accessibility. Proximity to Resorts: Ideal for attracting visitors from Vale do Lobo and Quinta do Lago. Versatile use: A new project opens doors to different possibilities such as offices and stores. A double lot project was previously proposed for a 4-storey building (total area 1267 m2) with a basement parking area (664 m2). We will be happy to provide all documents upon request. There is also the possibility of recovering existing buildings. Contact us for more information about this unique investment opportunity in a prime location. Almancil is a small town on the southern shoreline of Portugal, enjoying a warm climate around the year. It has become an important hub for service providers catering to the needs of two well-established holiday and residential developments nearby. These are Quinta do Lago and Vale do Lobo. There is a large selection of restaurants offering different forms of cuisine. There are also real estate offices, supermarkets, florists, garden centers, interior decorators, and furnishing shops based in Almancil. NEAR BEACHES Garrão Beach Ancão Beach Vale do Lobo Beach Quinta do Lago Beach NEARBY GOLF COURSES Vale do Lobo Oceano Golf Course Vale do Lobo Royal Golf Course Quinta do Lago South Golf Course Quinta do Lago North Golf Course Pinheiros Altos Golf Course Laranjal Golf Course San Lorenzo Golf Course ABOUT US: Golden Tree Real Estate Agency is managed by Ana Paula Marques, owner and CEO of the company, founded in 2000. Ana Paula Marques graduated in Switzerland, in Hotel & Tourism Management. She then embraces an exciting working experience in countries such as Switzerland, Germany, Singapore, Malaysia, Hong Kong, and Macau before coming back in 1993 for Forte Hotels and later for Vale do Lobo Resort, as Head of Tourism Operations. Property consultant expert with more than 24 years' experience, Ana Paula will help you to find the right investment in the sunny Algarve. Golden Tree Real Estate Agency is situated in the Palm Avenue between Vale do Lobo and Quinta do Lago luxury resorts, a privileged location in the central Algarve, better known as the Golden Triangle. We offer a wide range of Newly Built or Resale Properties, from Luxury Villas and Holiday Apartments in Prime Locations. Our specialized team guides and assists clients through the process of purchasing or selling property and provides any necessary after-sales support.