Approved Building Plot for Modern Villa with Sea Views in Loule

€199,000

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

  • 2 bed
  • 2 bath
  • 249 m²
  • villa

The Habio take

AI summary

This building plot in Loule comes with an approved project for a modern 2-bedroom villa, showcasing panoramic sea views. Located in the picturesque Central Algarve, the site offers tranquillity while being just five minutes from local amenities.

  • garden
  • sea views
  • remote work
  • retirement
  • investment

Highlights

  • Approved project for a 2-bedroom villa
  • Spacious 249 m² internal area
  • Large 4135 m² plot with mature trees
  • Expansive rooftop terrace with outdoor kitchen
  • Electricity and fibre optic internet ready

Worth knowing

  • Remote location may require a car for daily errands

Good fit for: Ideal for someone looking to build a personalised home in a serene environment.

Lifestyle scores

Beach
70
Walkable
30
Remote work
70
Family
60
Retirement
80
Airport access
60
Investment
75
Luxury
65
Value
80

About this place

Dreaming of building your perfect home in a serene and elevated location, just 5 minutes from Loule? This exceptional building plot is now available for sale with Yellow Homes - Land and Houses Algarve, situated a short drive from the charming village of Loule in the heart of the Algarve. The sale includes a 4135 m2 plot and an approved project for a 249 m2 modern villa. The plot is dotted with mature olive, carob, and fig trees, providing a natural and authentic Algarvean feel. The approved design features a 249 m2 single-level home with a spacious 50 m2 living area, a large kitchen with a breakfast bar, and a separate utility room. It includes two generously sized en-suite bedrooms, a welcoming entrance hall, and access to an expansive rooftop terrace with an outdoor kitchen, offering panoramic sea views. With electricity and fibre optic internet already in place, you can begin construction immediately. Additionally, the plan incorporates a large garage beneath the main living area, providing ample space for vehicles and storage. Do not miss this opportunity to build your own home near Loule.

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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From

€199,000