€2,000,000

Excellent Investment Opportunity: 2,579sqm Plot in Loulé, Algarve We present a rare opportunity for the development of a large commercial or service establishment, in a prime location in the city of Loulé, Algarve. Plot Features: Total Plot Area: 2,579sqm Permitted Building Footprint: 2,000sqm Maximum Construction Area: 12,000sqm Potential Basement Area: 5,158sqm Minimum Required Parking Spaces: 170 spots Prime Location: Located next to the Continente hypermarket in Loulé, in a strategic area that combines proximity to schools, residential zones, and major access routes. This plot stands out for its excellent location and generous construction possibilities, providing the ideal setting for a large-scale commercial project. Construction and Development Potential: This plot offers impressive construction potential, ideal for large-scale projects. With a maximum construction area of 12,000sqm and an additional basement area of up to 5,158sqm, there is flexibility for various types of developments, from shopping centers to service buildings, offices, or even a multifunctional complex that combines several uses. The generous building footprint of 2,000sqm allows for the creation of a solid structure, optimized for maximum space efficiency. Additionally, the requirement of 170 parking spaces ensures the necessary support to accommodate a significant flow of visitors or users, essential for the success of any large commercial surface. About the City of Loulé: Loulé is one of the most vibrant cities in the Algarve, known for its rich cultural heritage, natural beauty, and dynamic economy. Located in the heart of the Algarve, Loulé combines the charm of a historic city with the modern conveniences of a growing urban center. Strategic Location: Loulé is just minutes away from the popular Algarve beaches and the tourist resorts of Vilamoura, Quarteira, and Vale do Lobo, attracting both permanent residents and tourists. The proximity to Faro International Airport (about 20 minutes by car) further increases its attractiveness for businesses and visitors. Growing Economy: Loulé has experienced significant economic growth, driven by both tourism and investments in commercial and industrial areas. The city is home to various industries, as well as financial services, education, and healthcare, making it a key business hub in the region. Infrastructure and Services: Loulé benefits from excellent infrastructure, including schools, healthcare centers, and an efficient transport network. Additionally, the city is known for hosting cultural and sports events, attracting thousands of visitors each year. Quality of Life: Loulé offers a high quality of life, combining tranquility, safety, and all the necessary amenities for daily life. The city preserves its traditional character while embracing progress, making it an attractive location for real estate and business investments. Conclusion: Investing in this plot in Loulé is not just about acquiring a property, but also participating in the development of one of the most promising cities in the Algarve. With its vast construction potential and prime location, this plot is the ideal foundation for a successful project in a real estate market that continues to grow and attract interest both nationally and internationally.