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URBAN

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PLOTS

0,066 ha | Faro

EUR 800.000

USD 844.251

Description

Plot located within an Urban Rehabilitation Area  ARU , with approved project, in the centre of Loule, for the construction of a building comprising 6 apartments and 1 villa.Next to Loule Private Hospital, a development opportunity arises in the heart of the city. Set within a well-established urban area, with excellent sun exposure, good access and a balanced surrounding environment between residential living and services, this plot offers the ideal setting to create a modern project focused on comfort, centrality and long-term appreciation.Investing in an Urban Rehabilitation Area  ARU  represents a strategic decision, especially in locations with consistent demand.Relevant tax benefits stand out, enhancing the efficiency and profitability of the investment, namely more favourable taxation on rehabilitation works, potential exemptions on the acquisition and ownership of the property, as well as a more advantageous framework for the taxation of capital gains and income generated by the asset.The approved project features contemporary architecture, generous outdoor areas and excellent solar orientation, designed both for private residential use and for rental investment.The spacious and functional layouts meet the growing demand from those who value living in the city centre, with close proximity to essential services, healthcare and well-being.The location is premium, set in a quiet residential area with immediate access to shops, schools, restaurants and the municipality’s main road connections:- 0.3 km from Loule Hospital;- 0.5 km from Loule town centre  services, retail and restaurants ;- 1.0 km from the new Loule University Health Centre;- 6 km from Mar Shopping Algarve and IKEA;- 8 km from access to the A22  Via do Infante ;- 24 km from Faro International Airport.Contact us to learn more.

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Urban land of 0,0657 ha for sale in Faro

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