USD
XCD
ARS
BSD
BRL
CAD
CLP
COP
CRC
EUR
DOP
EGP
HUF
INR
IDR
JPY
MUR
MXN
OMR
PAB
QAR
SAR
RSD
SCR
THB
TRY
AED
GBP
UYU
USD
VND
RUB
BGN
NZD
ZAR
AZN
AUD
BMD
ILS
KZT
KGS
RON
UZS
CZK
CHF
Global Properties

Land in Loule, Portugal No. 245416

$ 2 447 550
Loule, Portugal
Parameters
ID
245416
Type
Land
Land area, m²
3714
Property description
Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments. Located in one of the city’s most sought-after areas, this land offers extraordinary development potential for investors looking to capitalize on a growing re


Exclusive Opportunity: Land for Construction of 28 Apartments in the Center of Loulé We present an excellent investment opportunity in the heart of Loulé: a fully urbanized plot with an approved project for the construction of 28 apartments. Located in one of the city’s most sought-after areas, this land offers extraordinary development potential for investors looking to capitalize on a growing region. Property Features: Total Plot Area: 807sqm Gross Construction Area: 3,057sqm Basement Area (2 Floors): 657sqm Construction Volume: 10,233.30m³ Floor Level: 191.50 The approved project allows for the construction of 28 apartments, providing an excellent layout for modern and comfortable residential units.
The two-floor basement, with an area of 657sqm, is ideal for parking and storage, adding significant value to the development and convenience for future residents. TIIPOLOGIAS Piso: 0- T2 -1 e T4- 2 Piso: 1- T2 -1 e T3-4 Piso: 2- T2 -1 e T3-4 Piso: 3- T2 -1 e T3-4 Piso: 4- T2 -1 e T3-4 Piso: 5- T2 -1 e T3-4 TOTAL: 28 ÁREAS BRUTAS PRIVADAS: Tipologia T4 - 177sqm Tipologia T4/moradia com terraço privado + piscina privada - 234sqm Tipologias T3 com varanda sudeste + 91sqm+ varanda) Tipologias T3 com varanda noroeste + 89sqm+ varanda) Tipologia T2 com varanda sudeste 73sqm+ varanda) Tipologias T2 com varanda noroeste 94sqm+ varanda) Tipologias T2 75sqm Prime Location: The plot is strategically located next to the Continente hypermarket in Loulé, offering immediate access to all essential amenities. The proximity to schools, residential areas, and main access roads makes this location particularly attractive for families and professionals seeking comfort and convenience. Development and Growth Potential: With a substantial construction volume of 10,233.30m³, this plot offers a unique opportunity to develop a high-quality residential project in one of the Algarve’s most dynamic cities. The central location in Loulé, coupled with the already approved project, ensures a faster execution and potentially high return on investment. About the City of Loulé: Loulé is a vibrant and rapidly growing city, recognized for its high quality of life and excellent infrastructure. As one of the Algarve’s key urban centers, Loulé blends the charm of a historic city with the benefits of a modern urban hub. Infrastructure and Services: The city offers a wide range of services, including schools, healthcare centers, and a well-developed transport network. These factors contribute to the city’s growing appeal, both for permanent residents and investors. Quality of Life: Loulé provides a safe and welcoming environment, with a strong local community and all the necessary amenities for daily living. The city is also known for its cultural and sporting events, which attract visitors from across the Algarve and beyond. Proximity to Beaches and Tourist Areas: Located a short distance from the popular tourist resorts of Vilamoura, Quarteira, and Vale do Lobo, Loulé benefits from a steady influx of tourists, contributing to property appreciation and the region’s economic dynamism. Conclusion: This plot in the center of Loulé represents an exceptional investment opportunity, with an approved project and a prime location. Ideal for the construction of residential apartments, it offers significant growth potential in a city that is continually developing. Don’t miss the chance to be part of Loulé’s promising future by investing in one of the Algarve’s most valuable real estate markets. (ref SU-CS-TU-87224-LT-11)

Features
Indoor facilities
  • Storage room
Outdoor features
  • Car park
  • Swimming pool
Statistics Loule
$ 4 590
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 150
2-Room Apartment
$ 924
Apartment Purchase Price per m²
In the City Center
$ 4 590
Outside the City Center
$ 3 532
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
68
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
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
47
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.97
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.58
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.23
Domestic Beer (0.5 liter draught)
$ 2.33
Imported Beer (0.33 liter bottle)
$ 2.33
Coke/Pepsi (0.33 liter bottle)
$ 2.33
Water (0.33 liter bottle)
$ 1.63
Cappuccino (regular)
$ 1.98
Markets
Milk (regular), (1 liter)
$ 1.19
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.14
Local Cheese (1kg)
$ 14.41
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.24
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.06
Cigarettes 20 Pack (Marlboro)
$ 6.64
Apples (1kg)
$ 2.65
Chicken Fillets (1kg)
$ 6.31
Oranges (1kg)
$ 1.61
Potato (1kg)
$ 1.50
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.84
Tomato (1kg)
$ 2.67
Banana (1kg)
$ 1.34
Onion (1kg)
$ 2.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.30
Transportation
One-way Ticket (Local Transport)
$ 3.49
Monthly Pass (Regular Price)
$ 43.08
Gasoline (1 liter)
$ 1.99
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 982
Taxi Start (Normal Tariff)
$ 3.84
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.12
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 888
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 43.37
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.23
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 419
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.25
Tennis Court Rent (1 Hour on Weekend)
$ 22.12
Cinema, International Release, 1 Seat
$ 11.64
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.74
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 470
International Primary School, Yearly for 1 Child
$ 12 626
Contact seller
Contact seller

Similar offers