Development Land 7,600 m² with Approved Luxury Villa Project & Sea View — Vale Formoso, Algarve

Exceptional development opportunity in Vale Formoso — flat 7,600 m² plot with an approved project lodged at the Municipality of Loulé for a luxury villa (411 m² gross construction area). Located between the Madeira and The Crest urbanizations, this site combines privacy with a commanding sea view and an ideal southern-Algarve position. The submitted project plans a spacious contemporary villa with 90 m² covered terraces, dedicated pool and jacuzzi areas, and a full-size tennis court within the outdoor space. The plot’s flat topography simplifies construction logistics and reduces groundwork costs; utilities run nearby and primary access is via well-maintained local roads. Key distances: Praia de Quarteira ~3.5 km, Vilamoura Marina ~6 km, Loulé historic centre ~10 km, Faro Airport ~24 km (drive). The Algarve climate — long, warm summers and mild winters — makes this a strong location for both private residence and high-season rental use. Offered at €1,600,000, the property is attractive for developers or buyers seeking a turnkey permitted project in one of the Algarve’s most sought-after corridors. With the land area large enough to allow staged landscaping and privacy buffers, the proposal emphasises indoor-outdoor living typical of Mediterranean luxury homes. Contact us to review the submitted municipal dossier, site plans and feasibility estimates — immediate site visits are available by appointment.