Discover a prime investment opportunity in Loulé, Faro, with this urban development plot. Spanning 504 sqm, the land is approved for the construction of a six-storey building. This project allows for the creation of 16 residential units, with a total buildable area of 1,604 sqm exclusively allocated for housing. Priced at 1,200,000 EUR, this site offers significant potential for a residential development, making it an ideal acquisition for investors seeking to capitalise on the demand for new homes in the region.