€5,980,000

Land for sale Loulé
Property photo number 1 of 23 Photos for Property. File 101558165_952_82eefa558c1b5deedb8707c034fd623c.jpeg

Overview

SUMMARY: Discover an opportunity with this Loulé land for sale and available for €5,980,000. This could be your next ideal home or a smart investment. More details await.

Excellent investment opportunity in one of the most sought-after areas of the Algarve. This 1,500 sqm plot with existing ruin is located in Quarteira, just 260 metres from the beach, in a prime location with strong appreciation potential. The property has

an approved project for the construction of a modern building composed of two blocks, comprising 46 apartments of T1, T2 and T3 typologies, with a total construction area of 5,006.75 sqm dedicated to residential units. The project also includes 74 private underground parking spaces, 8 outdoor parking spaces, a condominium room, and 33 storage units. The building extends from level -2 to level 6, with Block 1 comprising 25 apartments and Block 2 comprising 21 apartments, ensuring a balanced and efficient layout. Within walking distance to the sea and close to all essential services, this project represents a unique investment opportunity in the heart of Quarteira, an area of high tourist and residential demand.

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Details

  • Beds: 0
  • Baths: 0
  • Price: €5,980,000
  • Reference No.: 1118
  • Area: 185 m2
  • Year Built: 1966

Amenities

  • Home
    • Tennis court
    • Close to the beach
    • Energy Certificate: F

Location

Marketed by:

  • Live in Holidays
  • 12 A Church Square, Old Village
  • Faro, Vilamoura
  • 911010920
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  • 00351 289 149 078
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