Perfectly Located Plot of Land For Development, Loule, Algarve, Portugal
Euroresales Property iD - 9826155
Rua de Portugal
Famed for its glorious Atlantic beaches, golf resorts and welcoming atmosphere, the Algarve in Portugal continues to be one of the most desirable places anywhere in the world to live. This fantastic plot of land offers up a chance to make a smart investment into this magnificent place.
Located in the magnificent Loule, the main municipality in the Algarve, the land is 4275m2 and currently has development plans for 20 apartments (pending final approval). Located just 17km away from Vilamoura, the land surrounded by breath-taking Portuguese countryside but has the added advantage of being just a short drive from many of the beaches, bars/restaurants and golf courses that make this place so wonderful. This really is an exciting and unique opportunity for someone to invest into this amazing project.
This property not only offers buyers a potentially wonderful, spacious and comfortable place to live, but is also a smart investment into the ever-growing Portuguese holiday rental market. Loule is not only a fabulous place in its own right but is also a great base from which to explore other interesting places in the region such as Albufeira, Quarteira and Faro. For those wishing to venture a little further, the stunning capital, Lisbon is just over 2 hours away.
One other huge attraction in the holiday rental market is the fact the area is surrounded by countless sports and leisure opportunities such as the many nearby walking, cycling, water sports and fishing areas. Golf fans will also feel right at home with many courses nearby including Quinta Do Lago Laranjal Course (just 7 miles away) and Pine Cliffs Golf Course (12 miles away).
Soccer fans will be intrigued by the fact that the property is just 25 minutes away from the home stadium of Farense, who compete against the likes of Benfica, Porto and Sporting Lisbon in Portugal's top division, the Primeira Liga.
The area is also less than one hour from the Autodromo internacional do Algarve, which of course now hosts the Portuguese F1 Grand Prix every year.
The area is also very well-connected transport wise both locally and internationally with Faro Airport just 10 miles away, this is of course yet another huge plus point in the context of the holiday rental/residential commuter markets.
Land with a total area of 4,275 m2 in Loule, the main municipality in the Algarve and 17 km from Vilamoura, for the construction of an exclusive private condominium. The project and planning permission have been presented and are presently pending final approval.
The development is comprised of:
1 with 2 bedrooms
19 with 3 bedrooms
5 floors and one underground parking with 43 spaces
The land is located in the municipality of Loule with its traditional villages and landscapes of extraordinary beauty that descend from the mountains to the coast.
Loule is the largest municipality in the Algarve, bordered to the south by the Atlantic Ocean and extending to the 'Serra do Caldeirao' in the north. This privileged geographical position and temperate climate confers a unique dynamic to its multiple economic and business activities within both the regional and national context. its location permits easy access to all areas of the spectacular Algarve coast as well as the interior of the region.
Other areas of interest include: monuments in the city centre of Quarteira as well as art in the Galleries of the Convents 'Espirito Santo', 'Santo Antonio' and in 'Praca do Mar'. Also visit the Sao Lourenco Cultural Center, in the parish of Almancil.
ABOUT THE AREA
Soaring cliffs, sea caves, golden beaches, scalloped bays and sandy islands draw over four million visitors to the Algarve each year. Surrounded on two sides by the Atlantic, it's a paradise for surfers, especially along the refreshingly undeveloped west coast.
in the south, tourist hotspots harbouring massive conglomerations of holiday villas and brash resorts have action-packed activities - from splashy water parks to water sports - and vibrant nightlife spanning beach bars to sizzling nightclubs. Natural treasures here include the bird-filled lagoons and islands of the protected Parque Natural da Ria Formosa, stretching for 60km from west of the capital, Faro, to the enchanting fishing village of Cacela Velha.
Up in the hilly hinterland are historic castle towns and whitewashed villages, rolling countryside covered in cork, carob and almond trees and citrus orchards, rural farmhouse restaurants, and the wonderful Via Algarviana hiking trail crossing the region's breadth.
Loule is the ideal town in the Algarve to explore. in this historically interesting town you can discover a real taste of Portuguese culture. The town has a beautiful centre and a magnificent market hall. The narrow streets take you to important churches and you can discover the ruins of a 13th century castle. When you are visiting the Algarve in August, then the Noite Branca (White Night) is one popular party not to be missed.
For a superb visual representation of the area, copy and paste the following link to your browser: https://youtu.be/sCSx1RDw9v0
Located in a peaceful and friendly area
4,275 m2 plot
Plans in place for the development of 20 new apartments (plans pending final approval)
Development features will include: 20 apartments, 1 with 2 bedrooms, 19 with 3 bedrooms, 5 floors and one underground parking with 43 spaces, swimming pool, tennis court and community room
Massive potential in the holiday rental market
Close to many places of outstanding natural beauty and historical interest
17km from Vilamoura
Short distance from many stunning beaches
Walking distance to essential amenities like such as supermarkets and pharmacies
Walking distance to many excellent bars and restaurants
Great base from which to discover other fantastic areas such as Albufeira, Faro and Lisbon
Many excellent water sports facilities, fishing, walking and cycling areas nearby
Surrounded by many other excellent courses such as Quinta Do Lago Laranjal Course (https://www.quintadolago.com/en/golf/golf-courses-laranjal) and Pine Cliffs Golf Course (https://www.pinecliffs.com/en/golf-sports/golf)
Just 25 minutes from the home ground of Farense, who play in Portugal's top football league
Just one hour away from Portuguese F1 Grand Prix Track
Excellent local transport links
Just 10 miles from Faro international Airport
Contact Euro Resales Ltd to book an inspection