Plot with Approved PIP for Residential Development | Goncinha, Loulé

Investment opportunity in the Algarve: a plot with a favourable (conditional) PIP (Prior Information Request) for the development of a contemporary residential project, located in Goncinha, between Loulé and Almancil, in a growing area with strong demand, just minutes from the Golden Triangle. Set on a plot of approximately 10,805 sqm, the project has been designed to offer a distinctive product in the market, combining privacy, open views and a strong connection to outdoor living, with particular emphasis on private rooftops and the natural surroundings. The development is structured in two distinct phases, allowing for a progressive and strategic execution with significant potential for value appreciation. The first phase comprises the construction of 14 terraced V3 villas, with approximately 2,190 sqm of approved gross construction area. The villas feature a contemporary and functional design, including three en-suite bedrooms, spacious open-plan living areas, a separate kitchen, south-facing terraces, a multifunctional basement with WC, and a private rooftop. Each unit offers approximately 312 sqm of total usable area, including basement and rooftop. All units benefit from sea and countryside views, creating a truly distinctive setting. The private rooftops provide panoramic 360º views, representing one of the project’s most striking and valuable features. The second phase relates to a complementary plot of approximately 3,107 sqm, for which a construction area of around 915 sqm is envisaged, with potential for the development of up to 8 villas. These units follow a similar architectural concept, with larger areas, including approximately 196 sqm of internal space and private rooftops, totalling around 261 sqm per unit. As with the first phase, the villas will benefit from sea and countryside views, reinforcing the project’s premium positioning and the strong value associated with panoramic outlooks. The project also includes a range of infrastructures designed to enhance its overall appeal, such as communal swimming pools (adults and children), internal roads, pedestrian pathways, a roundabout access, parking, and landscaped green areas. This represents a solid investment opportunity, supported by a defined planning framework, phased development potential, and a product aligned with current residential and international market trends. A detailed business plan, including financial analysis, projected returns and development strategy, is available upon request.