Quarteira, Loulé, Algarve, Portugal

For Sale | Urban Plot | 1,500 sqm | Build Area 5,006.75 sqm | 46 Apartments | Quarteira

Excellent urban plot for collective housing, located in the centre of Quarteira, within walking distance of the beach.

With a total area of 1,500 sqm, this plot allows for the construction of 46 apartments, distributed across two buildings, with a total gross construction area of 5,006.75 sqm.

Building 1 comprises 6 one-bedroom apartments, 14 two-bedroom apartments and 5 three-bedroom apartments.

Building 2 includes 1 one-bedroom apartment, 18 two-bedroom apartments and 2 three-bedroom apartments.

The plot currently has a Prior Information Request (PIP) and will be sold with an approved project for the construction of the 46 apartments.

The project includes 6 floors above ground and 2 basement levels, providing 82 parking spaces (74 underground and 8 exterior) and 33 storage units.

This represents an excellent investment opportunity in a prime location.

Location:

Situated in Quarteira, next to Vilamoura and close to Vale do Lobo, in the municipality of Loulé.

Set in the town centre, close to restaurants, bars, shops and supermarkets, and just a 5-minute walk from the beach and Quarteira promenade.

20 minutes from Faro Airport, approximately 2 hours from Lisbon and 1 hour from the beaches of the Alentejo coast.