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Excellent Opportunity-11,820m² Plot with Building Permission Close to Quinta do Lago

Plot in Quinta do Lago

ref. S5082
985.000€
Usage
Residential
Type
Plot
Town
Quinta do Lago
Parish
Almancil
Municipality
Loulé, Faro
Region
Algarve (Central)
Bedrooms
0
Bathrooms
0
Plot Area
11.820 m²
Country-side View
This exceptional parcel of land with building permission is located just 800 meters from Quinta do Lago and 1 km to the prestigious hotel complex Conrad with its world class leisure facilities and Michelin star restaurant. The plot is located in the Ria Formosa protected nature reserve and building permission has only been achieved as there was an existing ruin here. Access to the plot can be through Quinta do Lago (just 1 k.m. From Quinta Shopping) or via a paved road through Laranjal Golf direct to the EN125 for quick access to the airport.

The building permission is for a 3 storey villa with 700 square meters of living space (300m² ground floor, 300m² basement and 100m² first floor). Alternatively you can submit your own plans. The estimated cost for the construction with pool and landscaped gardens is €1,100,000- €1,200,000 making the final cost just over 2 million euros for a one in a million property at the edge of Quinta do Lago with a huge plot and no close neighbours.

This is an opportunity not to be missed.

Amenities

Mains water and electricity.
Waterwheel Well

Location

Distance to Beach: 4km
Distance to Golf: 2km
Distance to School: 2km
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