2579m² Land for sale in Faro, Portugal No. 111581

2579m² Land in Faro, Portugal No. 111581

5 3

2579m² Land in Faro, Portugal No. 111581 2

2579m² Land in Faro, Portugal No. 111581 3

$ 2 115 000

$ 820 per m²

2579 Living space, m²

Faro, Portugal

Contact seller

Parameters

Living space, m²

2579

111581

Type

Land

Land area, m²

868

Property description

Plot with Viability for Building Construction in Loulé, AlgarveWe present an excellent investment opportunity in Loulé, Algarve. This lot, with proven viability for the construction of a building, is ideal for investors and developers looking for a project with great potential for appreciation and a strategic location.Property Features:Land Area: 868 m²Deployment Area

Plot with Viability for Building Construction in Loulé, AlgarveWe present an excellent investment opportunity in Loulé, Algarve. This lot, with proven viability for the construction of a building, is ideal for investors and developers looking for a project with great potential for appreciation and a strategic location.Property Features:Land Area: 868 m²Deployment Area: 571 m²Gross Construction Area / Usable Area: 2,579 m²Location and Access:Situated in a quiet and comfortable residential area on the outskirts of the city of Loulé, the land benefits from excellent access and a privileged location, being just 1.

5 km from the city center. Despite being in a quiet area, it is very close to all essential services and amenities, such as:5 minutes from Loulé city center5 minutes from the nearest hospital9 minutes from Mar Shopping20 minutes from Faro International AirportUrban Conditions:The lot is excluded from the SCE, in accordance with paragraph f) of article 4 of Decree-Law no. 118/2013, of August 20, in its current wording. This condition favors freedom of project execution, enabling more flexible use of the land for the construction of buildings.Project Potential:With a gross construction area of 2,579 m², the land offers ample possibilities for the development of residential or commercial projects, meeting the needs of a constantly growing market in the Algarve. The combination of excellent location, good infrastructure and viability for a large-scale project makes this lot a strategic option for those looking to invest in a property with high potential returns.Take advantage of this unique opportunity to develop an innovative and valued project in one of the most attractive regions of Portugal. For more information or to schedule a visit, please contact us. #ref:T642

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Statistics Faro

$ 4 641

Price per m²

162

Quality of Life Index

Cost of living Index

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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

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

5958

Traffic Inefficiency Index

141

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

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

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

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Plot of urban land in Loulé. 23 apartments plus a shop and basement.Located in a very central area with excellent access to the city.Features:-Quiet area-Countryside views-Close to services and...

2579