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Global Properties

1609m² Land in Faro, Portugal No. 110058

$ 1 410 840
$ 877 per m²
1609 Living space, m²
Faro, Portugal
Parameters
Living space, m²
1609
ID
110058
Type
Land
Land area, m²
465
Property description
Exclusive Land with Construction Viability in Loulé A Promising Investment in the AlgarveDiscover the extraordinary potential of this land located in Loulé, one of the most vibrant and emblematic cities in the Algarve. With a privileged location, it offers the perfect combination of a peaceful residential life and strategic proximity to all essential services, as well as a rich social an


Exclusive Land with Construction Viability in Loulé A Promising Investment in the AlgarveDiscover the extraordinary potential of this land located in Loulé, one of the most vibrant and emblematic cities in the Algarve. With a privileged location, it offers the perfect combination of a peaceful residential life and strategic proximity to all essential services, as well as a rich social and cultural life.Distinguishing Features:Total Land Area: 465 m², providing space for a standout development.Gross Construction Area: 1,609 m², with flexibility for a modern and functional project.
Implementation Area: 308 m², allowing the creation of common spaces, leisure areas and landscaped areas, enhancing the experience of future residents.Construction Feasibility: Authorization for construction of a residential and commercial building comprising up to 6 floors, plus a basement. The project includes the possibility of developing:15 Residential Apartments1 Commercial Store, adding value and convenience to the enterprise.Stunning Views:The land offers panoramic and unobstructed views over the sea and the magnificent Algarve coast, ensuring a unique attraction for potential residents and investors.Privileged Location:Situated in a rapidly developing area of Loulé, the land offers easy access to a wide range of amenities including:Schools and health servicesRestaurants, cafes and local shopsProximity to paradisiacal beaches and main roadsSafe and harmonious residential environmentInvestment Opportunity:This land represents a unique opportunity for investors and developers looking for a project with high profitability potential. The possibility of combining residential units with commercial areas makes the development even more attractive.Don’t miss this opportunity to invest in an innovative and promising project in the heart of the Algarve. Please contact us for more information and to schedule a site visit. #ref:T641

Features
Indoor facilities
  • Storage room
Statistics Faro
$ 4 641
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 163
2-Room Apartment
$ 934
Apartment Purchase Price per m²
In the City Center
$ 4 641
Outside the City Center
$ 3 571
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
69
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
28
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
46
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.13
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.38
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.36
Domestic Beer (0.5 liter draught)
$ 2.35
Imported Beer (0.33 liter bottle)
$ 2.35
Coke/Pepsi (0.33 liter bottle)
$ 2.35
Water (0.33 liter bottle)
$ 1.65
Cappuccino (regular)
$ 2.00
Markets
Milk (regular), (1 liter)
$ 1.20
Loaf of Fresh White Bread (500g)
$ 1.56
Eggs (regular) (12)
$ 3.39
Local Cheese (1kg)
$ 14.57
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.30
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.09
Cigarettes 20 Pack (Marlboro)
$ 6.71
Apples (1kg)
$ 2.68
Chicken Fillets (1kg)
$ 6.38
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 1.52
Lettuce (1 head)
$ 1.46
Rice (white), (1kg)
$ 1.86
Tomato (1kg)
$ 2.70
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.56
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.43
Transportation
One-way Ticket (Local Transport)
$ 3.53
Monthly Pass (Regular Price)
$ 43.56
Gasoline (1 liter)
$ 2.01
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 371
Taxi Start (Normal Tariff)
$ 3.89
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 22.37
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 331
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 142
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.50
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.46
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 435
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.74
Tennis Court Rent (1 Hour on Weekend)
$ 22.37
Cinema, International Release, 1 Seat
$ 11.77
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.56
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.74
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 108
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 482
International Primary School, Yearly for 1 Child
$ 12 766
Contact seller
Contact seller

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