€750,000 Development Loul�

€750,000

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Development
For Sale
Loule
Portugal

Greetings.

Here is a great business proposal you can pass on to your contacts:
If you have na associate or client who could benefit from european citizenship then Portugal`s Golden Visa (Which is to say free circulation within EU Schengen zone) offers the BEST european option for resident visa not only for it`s investment value but also to the time need to stay in portuguese territory to fulfill that requirement: 7 days per year.

Nowadays, portuguese property market is at it`s lowest stage of under-evaluation and always a good investment due to a more conservative approach and less risk taking. This allowed Portuguese property to sustained it`s value contradicting european trend of major house reduction prices.

The last 3 Consecutive trimesters are VERY encouraging and display how strong investors find Portuguese property market:

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I have now a property that most qualifies and is in a special location in the Algarve: Goncinha, Loul�:

-9.000 m2 of Mountain Top with OCEAN Views.

Here is the exact location:

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Property views:

1. Pointing towards the top where you can see building and a small embankment .. the land limits goes beyond the embankment down to the nearest house, top right adjacent house in the plan picture, and turns the mountain on the left side of the picture..

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2. From the mountain top and has you can see the neighbor houses sits below the eye-line at ground level.

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3. From the mountain top forest view (REM: Regi�o Ecol�gica Marcada - means Classified Ecological Zone):

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4. Ocean view

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-Construction permit of 30% which is to say 2800m2 of construction area permit.

Quick numbers: -one independent house of 400m2 in this neighborhood with a plot of 800m2 is valued at 400.000�.

The property has been evaluated 3 times by three independent experts from the government as well as by the portuguese Tax department (who always gives a conservative estimate).

All valued the property over 750.000�:

here the evaluation from the tax dept.:

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My proposal:

The property also has 2 numbers (one rustic for the land and one urban for the existing building) being within Loule�s urban PDM qualification with two independent road accesses allows for a direct division which is a bonus.

2 Proposals:

1. BOUTIQUE HOTEL (2300m2) with private club or Independent House (500 m2):

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Here`s a good example: Inline image 10

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2. TWO INDEPENT HOUSES OF 1400m2 EACH:

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and here are good examples:

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This Second option opens a suitable possibility for two investors investment.

As an architect and with good relations within the Loul� architecture department I am able to fast deliver the right project.

Looking forward to hear from you and succeed our first collaboration.

Warmest regards,

Arch. Paulo Santos

--(Phone number)-- Portugal

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