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Algarve, Loulé, Portugal

£331,170
€380,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

186,334 sq ft

17,311 sq m

Description

Plot of land with a building ruin in Loulé, with planning permission approved.

The property is 5 minutes from the centre of Loulé.

Two plots are for sale, one with a ruin for development in Malhada Velha, Loulé, with a total area of 12,351 m², including a 151 m² ruin. It is possible to renovate the existing ruin and extend it up to 300 m², as confirmed in a meeting with Loulé Town Council.
The second plot covers 4,960 m².

Planning permission has been granted for the construction of a 300 m² house plus a 250 m² basement.

According to a planning report, the total permitted floor area will allow for the extension of the existing building up to:
- 300.00 m² residential;
- 500.00 m² other uses;
- 2,000.00 m² for tourism;

Access is via a tarmac road.

The property is 5 minutes from the centre of Loulé. Access to the plot is via a tarmac road and there is electricity close to the plot.

The property has many fruit trees, including fig, almond, olive, carob and plum trees, as well as holm oaks.

Build your dream home on this magnificent plot, just 5 minutes from the centre of Loulé and 25 minutes from Faro International Airport.


An excellent plot to build your dream home – don’t miss this opportunity. Book your viewing now!
#ref: 122235

Algarve, Loulé, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 122235) 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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