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Aerial view of a modern residential area with white buildings, roads, and green trees.

Land with constructive viability for a commercial unit in an area of strong expansion in Loulé

€600,000
  • ~291 m² Plot surface

Description

Investment opportunity! We present a plot of land with constructive viability for a commercial unit, located in a strong expansion area in the charming city of Loulé. With a strategic location in the heart of the Algarve, this plot of land with 291 m2 and a total permitted construction area of 894 m2, offers space for the implementation of a modern and functional structure, ideal for the development of a successful commercial enterprise. The building could have up to 4 floors + basement, allowing to design a project adapted to the needs of the local market. Characteristics of the land: - Land area: 291 m2 - Deployment area: 233 m2 - Construction area: 894 m2 - Construction volume: 2906 m3 Do not miss the opportunity to invest in a land with great viability and potential for return. Contact us now for more information and start your investment project with a privileged location.
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Engel & Völkers Quinta do Lago

Your advisor: Antónia Barradas

Property ID: W-02SU6H

Property details
  • Object type

    Site

  • Plot surface

    ~291 m²

Location: Loulé, Faro District

The location is truly privileged, situated in the municipality of Loulé, which is home to some of the Algarve's best tourist urbanisations such as the Golden Triangle, Quinta do Lago, Vale do Lobo and Vilamoura. Loulé is a booming town with a constantly growing market, driven by the burgeoning tourism sector and a continuous flow of visitors throughout the year. Proximity to Faro International Airport and easy accessibility via well-connected roads make Loulé a busy and attractive commercial centre for tourists and locals alike. This region is a true paradise for investors, offering a favourable environment for successful commercial projects. Be a part of the prosperity of this charming town and leverage your investment in a commercial unit project that will surely reap the rewards of the booming market.

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