Exceptional Building Plot with Ocean Views near Loulé

€1,100,000

Building Land in Loule, Central Algarve, Central Algarve, PT

  • 4 bed
  • 4 bath
  • 600 m²
  • villa

The Habio take

AI summary

This remarkable building plot in Vale Telheiro offers a unique chance to create a bespoke four-bedroom villa with stunning panoramic views of the Atlantic Ocean. Located just two minutes from the bustling centre of Loulé, residents will enjoy a blend of tranquillity and access to vibrant local amenities.

  • coastal
  • luxury
  • countryside
  • investment

Highlights

  • Building permit for a luxurious 520 m² villa
  • Breathtaking, uninterrupted ocean views
  • Spacious 5,439 m² plot in a sought-after area
  • Flexible design for personal modifications
  • Two-car garage and ample additional parking

Worth knowing

  • Heavy investment required for final construction
  • Decisions on design and layout may take time

Good fit for: Ideal for buyers looking to build a custom luxury residence with spectacular views.

Lifestyle scores

Beach
90
Walkable
60
Remote work
70
Family
75
Retirement
80
Airport access
80
Investment
85
Luxury
90
Value
70

About this place

Location, location, location! This extraordinary building plot, spanning over 5,000 m2, is a rare gem in the highly sought-after central Algarve area, offering uninterrupted, panoramic views of the Atlantic Ocean. This property includes a building permit for a modern, luxurious villa, ideally positioned in Vale Telheiro just 2 minutes from the vibrant centre of Loule and its comprehensive amenities. Nestled in the scenic hills of Loulé, this is truly a unique opportunity to build the residence of your dreams. The approved city hall plans showcase a meticulously designed 520 m2 villa, featuring open-plan living and dining areas, a sleek modern kitchen, a private office, and a cinema room. The design also includes four elegantly appointed bedrooms and 4 stylish bathrooms. Thoughtful additions such as dedicated wardrobe areas and a practical laundry room enhance everyday comfort. The property also boasts a two-car garage on the lower level, complemented by a spacious multipurpose room of 134 m2, perfect for additional bedrooms, a gym, or whatever suits your lifestyle. Adjacent to the house, a large covered carport offers parking for three more vehicles. Future owners have the flexibility to make internal modifications and add personal touches to suit their preferences. From every corner of the villa, enjoy breathtaking views stretching across Loulé and the shimmering Atlantic Ocean. This plot is not just land, it is an invitation to a lifestyle of luxury, privacy, and natural beauty. For those seeking simplicity, the project can also be delivered as a turnkey villa, ensuring stress-free building process. If you are interested, request the project documents and schedule a viewing appointment with us. This exceptional property is definitely worth seeing!

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

The buying process

  1. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 7

    Register the property

    Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

  • NIF (tax number)
  • Portuguese bank account
  • Passport / ID
  • Fiscal representative(optional)

    Required for non-EU/EEA residents

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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€1,100,000