€250,000
Land of 3,504 sqm, with a ruin of 188 sqm gross construction area, offering an excellent opportunity for reconstruction or expansion in Loulé, Algarve. According to local building regulations, it is possible to increase the area of the ruin by 50% of the existing area, providing significant potential to expand the construction space. Additionally, another interesting option would be to submit a construction license project to the Municipal Council to develop semi-detached houses. With the necessary procedures and municipal approval, this could be a profitable option to make the most of the land’s potential. The access to the land is good, with well-connected roads ensuring easy access to different destinations.
Located within a 5-minute driving distance from Mar Shopping, a shopping center with a variety of shops and leisure options, 10 minutes from Loulé, a city rich in history and culture, offering a variety of amenities including restaurants and services. It is also 10 minutes from Faro Airport and 2 hours and 30 minutes from Lisbon.
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