Loulé, Faro

Excellent property with three ruins and a plot, located in the centre of Parragil. With a two storey villa to remodel and two other villas in ruin. With a total land area of 2.300m2, where there is already culture of olive trees and other fruit trees, has the possibility to build a villa with about 528m2. In the municipality of Loul, there are some of the most coveted locations in the country. Vilamoura is the largest tourist complex in Europe. It has a marina, a golf academy and five golf courses, a casino, several discos, tennis club, diving club, other leisure facilities, an extensive beach, and dozens of 5 and 4 star hotels. Started in the 1960s, Vilamoura covers an area of 1600 hectares. The architectural project is developed around the marina and includes hundreds of villas distributed in the residential area, and other developments dedicated almost exclusively to tourism. A good investment to make a profit.