Private Introduction · Portugal
Urban Land in Loulé
Plot in Loulé — €650,000.
- Price
- From EUR 650K
Introduction
Land with an area of 4,380 sqm, allowing a construction area of 1,235sqm, located in a very quiet area, in the typical village of Tôr, in Barrocal, Algarve.Land close to the famous Viceroy Resort Ombria, between the coast and the Algarve mountains, with an approved project for the construction of 9 three-bedroom townhouses, each with an area of 140sqm, comprising: ground floor - living room with open space kitchen, one full bathroom, bedroom with wardrobe, gardens and private pool with BBQ area; first floor: 2 suites, each with a balcony, and rooftop with accessible terrace; basement: common access, 2 parking spaces, storage room and direct access to the house. The land includes a designated space for collective vegetable gardens for the homeowners.Its location favors the tranquility of the countryside, yet is just a few minutes from the towns of Loulé, Albufeira and the Algarve coast, with good access.
Why This Opportunity
Prime Faro location
Located in Loulé, Faro, Portugal — a sought-after part of the market.
Priced at €650,000
On the market at €650,000.
Studio homes
Layout up to 4380 m².
~5% estimated gross yield
Estimated 6% annual capital growth for Faro (market-level estimate).
The Area
Where it is
Getting around
Faro Airport (FAO)
International gateway serving the whole Algarve, with year-round flights across Europe. [~20 km / 20 min via A22]
A22 Via do Infante
Regional motorway running the length of the Algarve, linking Loulé east and west. [Direct access, ~5 min]
Loulé Railway Station
Stop on the Linha do Algarve regional line toward Faro and Vila Real de Santo António. [~4 km from centre / 10 min]
Nearby
Mercado Municipal de Loulé
Landmark neo-Moorish covered market at the heart of the old town. [In town centre]
Marina de Vilamoura
One of Europe's largest marinas, ringed with restaurants, bars and yachts. [~15 km / 20 min]
Quinta do Lago & Vale do Lobo
Premier golf and beach resorts set within the Ria Formosa. [~15-20 km / 20-25 min]
Praia da Falésia
Long red-cliff beach stretching between Vilamoura and Albufeira. [~18 km / 25 min]
Schools
Colégio Internacional de Vilamoura (CIV)
British/Cambridge and IB Diploma pathways plus Portuguese national curriculum, ages 3-18, Vilamoura. [~15 km / 20 min]
Nobel Algarve British International School (Almancil)
English National and Portuguese curriculum with Cambridge/Edexcel IGCSEs and A Levels, ages 3-18. [Almancil ~12 km / 15 min]
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