Description
Excellent investment opportunity in Loule, one of the most dynamic cities in the Algarve.
The plot is located in a consolidated urban fabric and has an approved project for the construction of a luxury residential building with a total of 28 apartments of different types.
Approved project:
Total rooms: 28
T2: 6 units (some with private terrace)
T3: 20 units with large balconies
T4: 1 unit
T4/villa with private terrace and swimming pool: 1 unit
Private interior areas: between 73 m² and 177 m²
Total balconies: up to 610 m²
Basement parking: 657 m² with 21 spaces (18 + 3 boxes)
Project potential:
Apartments with large living rooms, integrated kitchens, suites and balconies with unobstructed views of the sea and the Algarve coast.
Top quality materials, excellent finishes, efficient thermal and acoustic insulation, reversible air conditioning and hot water production through solar panels.
Premium location, close to schools, services, shopping centres, private hospital, beaches and a few minutes from Faro international airport.
This plot is ideal for investors and real estate developers looking for a reference project in the Algarve, in one of the areas of greatest residential and tourist demand.
Energy Rating: In progress
