Land for sale in Loulé, Portugal — €2,000,000

About this land

Discover an Exceptional Investment Opportunity in the Heart of the AlgarvePresenting a newly approved multifamily residential development in the sought-after area of Marcos Mendes, Boliqueime, Loulé. This project offers a rare chance to acquire a modern, high-quality property in one of Portugal’s most desirable regions.Project Highlights:Prime Location: Situated in Marcos Mendes, Boliqueime, within the municipality of Loulé, this development enjoys excellent access to local amenities, transport links, and the stunning Algarve coastline.Contemporary Design: The approved plans feature a stylish, three-storey building ab Discover an Exceptional Investment Opportunity in the Heart of the AlgarvePresenting a newly approved multifamily residential development in the sought-after area of Marcos Mendes, Boliqueime, Loulé. This project offers a rare chance to acquire a modern, high-quality property in one of Portugal’s most desirable regions.Project Highlights:Prime Location: Situated in Marcos Mendes, Boliqueime, within the municipality of Loulé, this development enjoys excellent access to local amenities, transport links, and the stunning Algarve coastline.Contemporary Design: The approved plans feature a stylish, three-storey building above ground, complemented by a spacious underground parking facility and an inviting outdoor swimming pool.Generous Plot Size: The property occupies a substantial urban plot of 5,740 m², ensuring ample space for landscaped gardens, communal areas, and privacy.Spacious Living: The building offers a total gross construction area of 2,009 m², with 17 residential units designed for comfort and modern living.Outdoor Lifestyle: Residents will benefit from covered terraces totalling over 400 m², perfect for enjoying the Algarve’s sunny climate.Secure and Private: The project includes perimeter walls and is developed under the horizontal property regime, providing security and exclusive ownership.Sustainable and Accessible: The design complies with the latest energy certification standards and accessibility regulations, ensuring long-term value and inclusivity.Urban Integration: The development is planned to harmonise with the surrounding urban fabric, enhancing the area’s aesthetic and supporting future growth.Why Invest?Municipal Approval: The project has received favourable preliminary approval from the Loulé Municipal Council, confirming compliance with all relevant urban planning and building regulations. Growth Potential: Boliqueime is a thriving community within the Algarve, renowned for its quality of life, international appeal, and strong property market.Flexible Development: The site’s generous dimensions and thoughtful planning allow for further customisation and expansion, subject to municipal guidelines.Summary of Key Features:17 residential units3 floors above ground, 1 basement level2,009 m² gross construction area401.8 m² covered terracesOutdoor swimming poolSecure perimeter wallsUnderground parkingLandscaped communal spacesContact us today to learn more about this outstanding opportunity to invest in a premium residential development in the Algarve. #ref:2108