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Algarve, Loulé, Portugal

€2,550,000
Doublegleeful Unipessoal Lda, Almancil
PROPERTY TYPE

Land

SIZE

145,668 sq ft

13,533 sq m

Key features

  • Total area: 13533 sqm
  • Condition: Project
  • Construction year: 0

Description

Building plot located in the area of Pedragosa, Loule, consisting of scattered isolated buildings that embrace excellent sun exposure and beautiful panoramic views over the sea. It is a suburban area of the city of Loulé, close to the exit towards São Brás de Alportel. The surrounding area has all of the infrastructure of the local environment in which it operates, namely the public services of water, sanitation, electrical and communications networks. Zoning is for building a tourism development in rural areas, housing systems such as a sports residence of the Recreation Center type, seniors’ homes residence or other uses.
There is an approved project for the construction of a 4-star hotel on this site. Located on a hillside that flanks the beginning of the Algarve Barrocal, the development will be the result of a union between sophistication and rurality.
The project includes 21 units, distributed into 16 - T1, one bedroom apartments, with a fully equipped living room and kitchenette, and 5 - T2, two bedroom apartments. The ground floor apartments are spacious, elegant and have generous balconies, they will be air-conditioned, with a security system, electronic locks and private bathrooms. The restaurant, with a capacity for 72 people, will allow you to enjoy a meal with a relaxing landscape beyond. The 50m2 infinity pool will be flanked by a terrace and placed in a breathtaking and calm setting.
The energy efficient and sustainable hotel will be equipped with the latest amenities, resulting in an excellent relationship between the guests’ accommodations, common areas, services, allowing efficient movement between the three main buildings that make up the development.

Quick access to Faro Airport and Via do Infante (A22).
Close to supermarkets and other services.

Loulé is a Portuguese city in the district of Faro, region and sub-region of the Algarve, seat of the most extensive and populous municipality in the Algarve, subdivided into 9 parishes. The municipality is limited to the north by the municipality of Almodôvar, to the northeast by Alcoutim and Tavira, to the east by São Brás de Alportel, to the southeast by Faro, to the southwest by Albufeira, to the west by Silves and to the south by a coastline on the Atlantic Ocean. The municipality of Loulé encompasses two cities, Loulé and Quarteira, where the Nossa Senhora da Piedade Sanctuary (Mãe Soberana) is located. In the municipality of Loulé are the tourist complexes of Vilamoura / Quarteira, Quinta do Lago and Vale do Lobo (the last two in the parish of Almancil).
REF: W-02OCG0

Algarve, Loulé, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    9.6 miles
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About the agent

Doublegleeful Unipessoal Lda, Almancil

Avenida 5 de Outubro, 278 Loulé 8135-103 Portugal

Doublegleeful Unipessoal Lda, Almancil

ENGEL & VÖLKERS with more than 40 years of experience is one of the most successful real estate agencies in the world. Offering access to an exclusive network of national and international customers through its strong presence around the world, we are present on 5 continents in more than 30 countries, with more than 1000 agencies, benefiting both sellers and buyers.

We are a real estate agency specialized in the most secure, exclusive and sought after location in the Algar

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Notes

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This is a property advertisement provided and maintained by Doublegleeful Unipessoal Lda, Almancil (reference 235616_W-02OCG0) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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