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

4449m² Land in Faro, Portugal No. 315991

$ 440 738
$ 99 per m²
4449 Living space, m²
Faro, Portugal
Parameters
Living space, m²
4449
ID
315991
Type
Land
Property description
Set in a peaceful location just minutes from the centre of Loulé, this generous rustic plot offers an exciting opportunity within an urban zone. The land sits behind a former ruin and benefits from a tranquil setting, yet remains conveniently close to all local amenities, schools, shops, and services. Ideal for those seeking privacy and space while staying near the heart of the Algarve.

With a permitted construction area of 450 m² spread over two floors, the plot allows for the development of a substantial home complete with a swimming pool and covered terraces. Whether you're looking to build a contemporary villa or a more traditional family residence, the layout and scale offer flexibility to realise your vision.

A planning request is currently under review with the Loulé Town Hall to divide the land into two separate plots. Although the process is not yet finalised, this could offer a buyer the potential to build two independent houses—ideal for investors, developers, or families seeking to create a multi-home estate.

Whether used as a large private residence or split for development, this plot represents a rare investment opportunity in one of the most sought-after regions of the Algarve. For more information or to arrange a site visit, get in touch with our team today.

The features and equipment mentioned are subject to verification and agreement between vendors and buyers.

EPC: Exempt

Bullet Point Summary
Rustic plot located within an urban area near Loulé
450 m² construction potential over two floors
Option to include a private pool and covered terraces
Quiet setting just minutes from Loulé town centre
Potential to divide into two separate plots (process underway)
Ideal for developers, investors, or large-family homes
Close to amenities, shops, and schools
Easy access to main roads and Faro Airport
Suitable for building modern or traditional-style villas
Excellent opportunity in a high-demand area of the Algarve

REF: FC600GTS
Features
Features
  • Terrace
Outdoor features
  • Swimming pool
Statistics Faro
$ 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