Investment land – Loule, Faro, Portugal

A large plot of land for sale in Vale do Garrão, a brilliant location situated in the heart of the Golden Triangle just minutes away from the local beach and the prestigious Quinta do Lago — A luxury hotspot offering an abundance of high-end restaurants, 5* hotels, award winning golf courses and more. Divided into four separate plots, each with their own specifications for construction such as: 1 — Plot area of 370 m² offering 300 m² for construction with a 150 m² basement 2 — Plot area of 270 m² offering 300 m² construction with a 150 m² basement 3 — Plot area of 370 m² offering 300 m² construction with a 150 m² basement 4 — Plot area of 375 m² offering 300 m² construction with a 150 m² basement All four plots could be joined together in order to construct a large single-family home. With the correct permissions, it could be possible to have a 1200 m² home with a 600 m² basement or you could build two homes, each with 600 m² build and a 300 m² basement. Not sold separately, Ideal Homes can assist you by putting you in touch with highly reputable and qualified architects, builders, lawyers etc. in order to design your dream home or create a brand new and innovative investment project which could see a major return on your investment long term. Vale do Garrão is a lovely location set amongst pine forests and offers an enviable postcode next to the chic Dunas Douradas. Nestled between prestigious resorts such as Quinta do Lago and Vale do Lobo, places renowned with celebrity visitors. With a fantastic 27 hole golf course, a mixture of glistening beaches, various restaurants and bars, you'll never be short of things to do. Quinta do Lago & Vale do Lobo both offer luxury accommodations, excellent food, great golf facilities and have been a great holiday destination for many affluent individuals. Being so close to these locations is noticeable in the quality restaurants and stores which adorn surrounding areas. A great place to live, retire or simply holiday. Mortgage Simulation: Duration/ Period: 30 years/ 360 months Purchase Price: 2,850,000€ Deposit/ Down Payment: 1,140,000€ Finance: 1,710,000€ Interest Rate: 0.9% Monthly Payment: 5,421.84 € Mortgage Simulation: Duration/ Period: 40 years/ 480 months Purchase Price: 2,850,000€ Deposit/ Down Payment: 1,140,000€ Finance: 1,710,000€ Interest Rate: 0.9% Monthly Payment: 4,243.46€