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Urban land of 0,15 ha for sale in Loulé, Faro

URBAN

|

PLOTS

0.15 ha | Faro

EUR 5,980,000

USD 6,310,778

Description

A plot with a total area of 1,500 m2, situated in Quarteira, just 200 metres from Quarteira Beach, in one of the most sought-after and desirable locations in the Algarve. This plot stands out for its high potential for appreciation, benefiting from a well-established neighbourhood with immediate access to the beach, local shops, restaurants, amenities, golf courses and major transport links. It has an already approved architectural design for the construction of a residential development comprising 46 apartments, representing an excellent opportunity for investors and developers seeking to develop a modern, distinctive and highly profitable project, in both the residential and tourism sectors. Its direct proximity to the sea — one of the most sought-after features in the property market — combined with strong demand in the area, gives this asset a unique and highly competitive positioning. With all the conditions in place for a swift start to construction, this plot offers the ideal balance between a premium location, building potential and potential return. A rare opportunity to develop a landmark project just a stone’s throw from the sea, in the heart of Quarteira.

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