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Building Plot in Loulé

USD 3,655,058

Business opportunity (For sale)

36,640 sqft
Reference: MGPD-T14664 / x0316
Located in Loulé.
Offering a prime plot of land with an ongoing project in the approval phase, nestled within an urban locale near Almancil, this property presents a lucrative opportunity. Encompassing a generous total area of 7,252 square meters, the parcel is earmarked for the construction of a commercial warehouse boasting an expansive area of 1,450 square meters, complemented by an additional basement space spanning 1,954 square meters. Strategically positioned in a highly sought-after area, the property enjoys superb accessibility to the National Road 125, ensuring seamless connectivity to major transportation routes. This promising investment prospect promises convenience and potential for prospective buyers looking to capitalize on the flourishing commercial landscape of the region. Almancil is a parish located in the Loulé Municipality in the Algarve region of southern Portugal. Known for its picturesque landscapes, vibrant culture, and proximity to stunning beaches, Almancil is a popular destination for tourists and expatriates alike. The area is renowned for its luxury resorts, golf courses, and upscale amenities, making it an attractive location for both leisure and residential purposes. With its charming ambiance and convenient access to nearby attractions, Almancil embodies the quintessential allure of the Algarve region. Faro International airport is just 25 to 30 minutes away by car. Energy Rating: Exempt #ref:X0316
View more View less Located in Loulé.
Offering a prime plot of land with an ongoing project in the approval phase, nestled within an urban locale near Almancil, this property presents a lucrative opportunity. Encompassing a generous total area of 7,252 square meters, the parcel is earmarked for the construction of a commercial warehouse boasting an expansive area of 1,450 square meters, complemented by an additional basement space spanning 1,954 square meters. Strategically positioned in a highly sought-after area, the property enjoys superb accessibility to the National Road 125, ensuring seamless connectivity to major transportation routes. This promising investment prospect promises convenience and potential for prospective buyers looking to capitalize on the flourishing commercial landscape of the region. Almancil is a parish located in the Loulé Municipality in the Algarve region of southern Portugal. Known for its picturesque landscapes, vibrant culture, and proximity to stunning beaches, Almancil is a popular destination for tourists and expatriates alike. The area is renowned for its luxury resorts, golf courses, and upscale amenities, making it an attractive location for both leisure and residential purposes. With its charming ambiance and convenient access to nearby attractions, Almancil embodies the quintessential allure of the Algarve region. Faro International airport is just 25 to 30 minutes away by car. Energy Rating: Exempt #ref:X0316
Reference: MGPD-T14664
Country: PT
City: Loulé
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Building & Construction
Property size: 36,640 sqft

SALE PRICE PER SQFT IN ALMANCIL

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 567
+12.1%
+13.8%
Apartment
USD 758
+10.5%
+54.3%

AVERAGE HOME VALUES IN ALMANCIL

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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