Discover a prime urban plot in a burgeoning area of Loulé, Faro, offering significant development potential. This 465 m² parcel is approved for the construction of a six-storey building, ideal for either residential or mixed-use projects. The design allows for a total construction area of 1,609 m², thoughtfully distributed to include 1,454 m² for residential units and 155 m² designated for commercial or service spaces. Additionally, a 465 m² basement area provides ample provision for parking. This presents a compelling investment opportunity to create up to 15 distinct housing units in a desirable location.