Land for sale in Loulé, Portugal — €1,800,000

About this land

Prime mixed-use development opportunity in Loulé, one of the Algarve's most desirable and fast-growing towns. Situated in a privileged location close to all amenities, the plot benefits from open views over the sea and the Algarve coastline. The site has approved viability for a residential and commercial development comprising 23 apartments and a retail unit, with permission to build up to 6 floors plus a basement. The project offers a gross construction area of 2,579 m², on an 868 m² plot with a 571 m² footprint. A rare opportunity to develop a high-quality project in a prime Algarve location with excellent investment potential.