Old House for Renovation Near Loulé – Investment Potential with Expans

Loulé, Faro

  • Bedrooms : 3
  • Bathrooms : 2
  • Floor Size : 168 m²
  • Visits : 40 in 51 days
GBP 168,103
Features
Furnished
Location
Country : Portugal
Region : Faro
City : Loulé
Additional Info
Condition : Not Applicable
Elevator : No
Assisted Living : No
Swimming Pool : No
Garages : 1
Off Road Parking : 1
Property Description

Located in the peaceful Algarve countryside, this pre-1951 detached house presents an exciting opportunity for renovation without requiring a project. The 168m² structure offers southern exposure, ensuring natural light throughout the day.

The existing layout has potential for three bedrooms, two bathrooms, a kitchen, laundry room, dining area, and a spacious living room, all waiting to be transformed. The surrounding private garden, currently featuring fruit trees, provides a fantastic outdoor space that could be enhanced with a swimming pool, subject to planning.

Utilities are conveniently available: mains water and drainage are accessible in the street and ready for connection, while electricity is already installed. The flat plot allows for easy development, and its urban classification enables expansion up to 450m², making it perfect for those looking to create a larger home or investment property.

Located just a short drive from Loulé and Santa Bárbara de Nexe, this property benefits from a blend of countryside tranquility and urban convenience. Loulé offers historic charm, vibrant markets, and cultural events, while Santa Bárbara provides a serene, village-like atmosphere.

This property is a fantastic opportunity for renovation enthusiasts, investors, or those dreaming of designing a bespoke home. With ample space, expansion potential, and a prime location, this is an investment waiting to be realized.

Property Particulars
Property Type: Villa (Detached)
Bedrooms: 0 (Potential for 3)
Bathrooms: 0 (Potential for 2)
Plot Size: 1,071 m²
Build Size: 168 m²
Year of Construction: Pre-1951
Views: Countryside Views
Airport: 20 Minutes
Beach: 20 Minutes
Shopping: 5 Minutes
Energy Rating: Exempt
Price: €195,000

Basic Details
Property Type : House
Listing ID : ACPS10772
Price : GBP 168,103
Bedrooms : 3
Bathrooms : 2
Floor Size : 168 m²
Plot Size : 1,071 m²
Agent Info
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