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Renovation property on a quiet location near Loule |
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| The property offered by Yellow Homes- Land and Houses Algarve represents a rare opportunity to acquire a unique property with exceptional development potential near Loule. The asset consists of a large ruin full of character, situated on a 767.2 m2 plot in a peaceful location approximately three kilometres from the historic town centre. The existing buildings comprise a derelict house with several rooms and outbuildings arranged over two levels on a gently sloping site. Thanks to its elevated position, the property enjoys open views across the surrounding countryside, with the sea visible on the horizon. The existing construction provides a usable area of 416.8 m2. Connections to mains water, electricity, and the public sewer network are already in place, and access to the property is excellent. A comprehensive renovation and extension project has been planned, transforming the property into a modern six-bedroom residence. The proposed gross construction area totals 539.16 m2, distributed across two above-ground floors and a basement level. The project also includes a swimming pool and a covered parking area for two vehicles. The proximity to Loule ensures easy access to all essential services, shops, restaurants, and the towns vibrant cultural life. Particular highlights include the renowned Loule Market, one of the regions most popular attractions. The nearby motorway provides fast connections to Faro, the international airport, and the beautiful beaches of the Algarve. Overall, this is an attractive investment opportunity for buyers seeking to undertake an ambitious renovation project in one of the Algarves most desirable locations. |
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Property Location |
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| Algarve Area: |
Central Algarve |
| Location: |
Loule |
| Zone: |
Country |
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Property Features |
| Reference: |
STY-CA |
| Type: |
Villa |
| Bedrooms: |
6 |
| Bathrooms: |
0 |
| Pool: |
Yes |
| Built Area: |
539 m² |
| Plot Size: |
767
m² |
| Airport: |
20
km |
| Golf: |
14
km |
| Beach: |
16
km |
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PRICE: € 375 000 |
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Download as PDF |
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Request Info |
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