An exceptional investment opportunity awaits in the vibrant city of Loulé, nestled in the heart of the Algarve. This substantial plot spans 144,120 m² and presents versatile development options, including the potential for a hotel or rural tourism project within a highly sought-after expansion zone. The property allows for a building footprint of up to 1,000 m², with a total construction area of 2,000 m², featuring up to two floors above ground, a basement, and two underground garage levels. Strategically located just 1.5 km from Loulé’s charming city centre, the plot benefits from excellent road access and proximity to a wealth of local amenities. Within a 5-minute drive, residents can enjoy vibrant markets, shops, restaurants, and cultural attractions. The area also provides convenient access to essential services, including a high-quality hospital, just five minutes away, and the renowned Mar Shopping Mall, only nine minutes distant, offering extensive shopping and entertainment options. Faro International Airport is a mere 20-minute drive, ensuring effortless connections to international destinations. Set amidst natural beauty and a developed tourism infrastructure, this land offers a unique opportunity to realize a landmark development that caters to the increasing demand for hospitality and leisure experiences in the Algarve. Don’t miss your chance to invest in this privileged location with boundless potential. Contact us today to explore this exciting project further. REF: W-02SU6K

Land

Data source: https://www.rightmove.co.uk/properties/156897437?currencyCode=GBP#/?channel=OVERSEAS