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Land for sale

Loule, Algarve, Portugal

£5,205,885 *  [€5,980,000]

Land for sale

Loule, Algarve, Portugal

£5,205,885 *  [€5,980,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1500 m2

Full Description


Land with ruins located in the center of Quarteira, just 400 meters from the beach, benefiting from excellent accessibility and the availability of all essential infrastructures, namely sewage, water and sanitation.

The property has an approved project for the construction of a residential building comprising 46 units spread over 6 floors. The project also includes basement parking, an elevator and a variety of typologies suitable for different market segments.

The planned implantation area is 982 m², with a total construction area above the threshold of 5,006 m², ensuring a harmonious balance between construction density and residential comfort.

Located just a few meters from the sea and close to all types of commerce, services, restaurants and Quarteira's main points of interest, this plot represents an investment opportunity with high potential for appreciation, whether for residential development, tourist exploitation or resale.
CHARACTERISTICS:
Plot Area: 1 500 m2 | 16 146 sq ft
Energy efficiency: NA
Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.
Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.
LIc AMI 9063
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Map may not show exact location

This property listing (ref: 1LS02342) is an advertisement supplied by LUXIMOS Christie´s International Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.