Plot for sale
Loule, Algarve, Portugal
£1,831,342 *
[€2,100,000]
Full Description
We are pleased to present an excellent investment opportunity in Loulé, in a rapidly expanding urban area with strong demand for housing and significant potential for capital appreciation.
This urban plot has a total area of 807 m² and a building footprint of 500 m², allowing for the development of a block of flats comprising 28 units, spread over 6 storeys above ground and a basement. Given its size and building potential, this is a particularly attractive option for a medium-scale residential project, well-suited to current market trends.
The surrounding area, visible in the images, reveals a modern and well-organised neighbourhood, characterised by recent buildings, wide streets and good accessibility. The presence of open spaces and green areas, combined with the proximity of shops, services and amenities, contributes to a balanced and functional environment, ideal for residential living. The ease of access and parking further enhances the comfort and appeal of the location.
Loulé stands out for its central location in the Algarve and its blend of tradition and urban development, being just a few minutes' drive from key areas, beaches and major transport links, which ensures constant and sustained demand.
Hometown - Commitment, Transparency and Real Estate Excellence
Since 2018, Hometown has established itself as a benchmark in the property sector, standing out for its sustained growth and the trust of our clients. Our team acts with professionalism and dedication, maintaining a working environment based on co-operation, transparency and ethics.
Why choose Hometown?
Close, personalised support, from the first visit to the after-sales service
Experienced team focused on offering solutions tailored to your needs
Recognition in the sector, with two real estate awards won in 2024
Unwavering commitment to customer satisfaction
At Hometown, we don't just sell property - we create lasting relationships of trust. Contact us and discover a property service tailored to your expectations.
Energy Rating: Exempt
#ref: HTP-1072
Read more