Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments

São Clemente, Faro, Portugal

For Sale

€2,100,000

REF: 896470 €2,100,000



3714 m2

Description

Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments. Located in one of the city's most sought-after areas, this land offers extraordinary development potential for investors looking to capitalize on a growing region.

Property Features: Total Plot Area: 807sqm Gross Construction Area: 3,057sqm Basement Area (2 Floors): 657sqm Construction Volume: 10,233.30m Floor Level: 191.50 The approved project allows for the construction of 28 apartments, providing an excellent layout for modern and comfortable residential units.

The two-floor basement, with an area of 657sqm, is ideal for parking and storage, adding significant value to the development and convenience for future residents. TIIPOLOGIAS Piso: 0- T2 -1 e T4- 2 Piso: 1- T2 -1 e T3-4 Piso: 2- T2 -1 e T3-4 Piso: 3- T2 -1 e T3-4 Piso: 4- T2 -1 e T3-4 Piso: 5- T2 -1 e T3-4 TOTAL: 28 ÁREAS BRUTAS PRIVADAS: Tipologia T4 - 177sqm Tipologia T4/moradia com terraço privado + piscina privada - 234sqm Tipologias T3 com varanda sudeste + 91sqm+ varanda) Tipologias T3 com varanda noroeste + 89sqm+ varanda) Tipologia T2 com varanda sudeste 73sqm+ varanda) Tipologias T2 com varanda noroeste 94sqm+ varanda) Tipologias T2 75sqm Prime Location: The plot is strategically located next to the Continente hypermarket in Loulé, offering immediate access to all essential amenities.

The proximity to schools, residential areas, and main access roads makes this location particularly attractive for families and professionals seeking comfort and convenience. Development and Growth Potential: With a substantial construction volume of 10,233.30m , this plot offers a unique opportunity to develop a high-quality residential project in one of the Algarve's most dynamic cities.

The central location in Loulé, coupled with the already approved project, ensures a faster execution and potentially high return on investment. About the City of Loulé: Loulé is a vibrant and rapidly growing city, recognized for its high quality of life and excellent infrastructure. As one of the Algarve's key urban centers, Loulé blends the charm of a historic city with the benefits of a modern urban hub.

Infrastructure and Services: The city offers a wide range of services, including schools, healthcare centers, and a well-developed transport network. These factors contribute to the city's growing appeal, both for permanent residents and investors. Quality of Life: Loulé provides a safe and welcoming environment, with a strong local community and all the necessary amenities for daily living.

The city is also known for its cultural and sporting events, which attract visitors from across the Algarve and beyond. Proximity to Beaches and Tourist Areas: Located a short distance from the popular tourist resorts of Vilamoura, Quarteira, and Vale do Lobo, Loulé benefits from a steady influx of tourists, contributing to property appreciation and the region's economic dynamism.

Conclusion: This plot in the center of Loulé represents an exceptional investment opportunity, with an approved project and a prime location. Ideal for the construction of residential apartments, it offers significant growth potential in a city that is continually developing. Don't miss the chance to be part of Loulé's promising future by investing in one of the Algarve's most valuable real estate markets.
Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments. Located in one of the city's most sought-after areas, this land offers extraordinary development potential for investors looking to capitalize on a growing region.

Property Features: Total Plot Area: 807sqm Gross Construction Area: 3,057sqm Basement Area (2 Floors): 657sqm Construction Volume: 10,233.30m Floor Level: 191.50 The approved project allows for the construction of 28 apartments, providing an excellent layout for modern and comfortable residential units.

The two-floor basement, with an area of 657sqm, is ideal for parking and storage, adding significant value to the development and convenience for future residents. TIIPOLOGIAS Piso: 0- T2 -1 e T4- 2 Piso: 1- T2 -1 e T3-4 Piso: 2- T2 -1 e T3-4 Piso: 3- T2 -1 e T3-4 Piso: 4- T2 -1 e T3-4 Piso: 5- T2 -1 e T3-4 TOTAL: 28 ÁREAS BRUTAS PRIVADAS: Tipologia T4 - 177sqm Tipologia T4/moradia com terraço privado + piscina privada - 234sqm Tipologias T3 com varanda sudeste + 91sqm+ varanda) Tipologias T3 com varanda noroeste + 89sqm+ varanda) Tipologia T2 com varanda sudeste 73sqm+ varanda) Tipologias T2 com varanda noroeste 94sqm+ varanda) Tipologias T2 75sqm Prime Location: The plot is strategically located next to the Continente hypermarket in Loulé, offering immediate access to all essential amenities.

The proximity to schools, residential areas, and main access roads makes this location particularly attractive for families and professionals seeking comfort and convenience. Development and Growth Potential: With a substantial construction volume of 10,233.30m , this plot offers a unique opportunity to develop a high-quality residential project in one of the Algarve's most dynamic cities.

The central location in Loulé, coupled with the already approved project, ensures a faster execution and potentially high return on investment. About the City of Loulé: Loulé is a vibrant and rapidly growing city, recognized for its high quality of life and excellent infrastructure. As one of the Algarve's key urban centers, Loulé blends the charm of a historic city with the benefits of a modern urban hub.

Infrastructure and Services: The city offers a wide range of services, including schools, healthcare centers, and a well-developed transport network. These factors contribute to the city's growing appeal, both for permanent residents and investors. Quality of Life: Loulé provides a safe and welcoming environment, with a strong local community and all the necessary amenities for daily living.

The city is also known for its cultural and sporting events, which attract visitors from across the Algarve and beyond. Proximity to Beaches and Tourist Areas: Located a short distance from the popular tourist resorts of Vilamoura, Quarteira, and Vale do Lobo, Loulé benefits from a steady influx of tourists, contributing to property appreciation and the region's economic dynamism.

Conclusion: This plot in the center of Loulé represents an exceptional investment opportunity, with an approved project and a prime location. Ideal for the construction of residential apartments, it offers significant growth potential in a city that is continually developing. Don't miss the chance to be part of Loulé's promising future by investing in one of the Algarve's most valuable real estate markets.
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Property on Map

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Currency Exchange

São Clemente, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,100,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,100,000 £1,746,465 £1,807,302 £60,837
Property Price € €2,100,000
Minimum cost in the last six months £1,746,465
Maximum cost in the last six months £1,807,302
Fluctuating exchange rates over the last six months could have increased the cost of this property by £60,837

São Clemente, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,100,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,100,000 £1,746,465 £1,807,302 £60,837
Property Price € €2,100,000
Minimum cost in the last six months £1,746,465
Maximum cost in the last six months £1,807,302
Fluctuating exchange rates over the last six months could have increased the cost of this property by £60,837

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £60,837 more.

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