House To Renovate With Warehouse And 2 Hectare Plot

PROPERTY WITH GREAT INVESTMENT AND TOURISM DEVELOPMENT POTENTIAL | LOULÉ, ALGARVE

A property with unique characteristics, where the natural surroundings, the size of the plot and the development opportunities come together to bring a distinctive project to life in the Algarve.

Located near Loulé, this property benefits from a peaceful setting, with panoramic views over the countryside and the sea, while remaining close to services, shops and restaurants.

Set on a plot of 22.650 m², it has a building with 415 m² of gross floor area, currently used for residential and commercial purposes.

The main house is a 3-bedroom house, with a living room, kitchen, three bedrooms, two bathrooms and several storage rooms, offering good potential for residential use or renovation.

TOURISM DEVELOPMENT PROJECT

The property has a tourism project at the approval stage, which envisages the creation of a development comprising:

Reception area and restaurant;

3 1-bedroom apartments;

4 2-bedroom apartments with mezzanines;

1 3-bedroom apartment with a mezzanine;

Communal swimming pool.

A total of 8 tourist accommodation units, with the potential to develop a rural tourism concept, boutique accommodation or a holiday development.

AN OPPORTUNITY WITH A VISION FOR THE FUTURE

With its location, size and development potential associated with the proposed project, this property has particularly attractive features for investors, tourism developers or buyers looking to develop their own project in the Algarve.

Just a few minutes from Loulé, with good access to Faro International Airport and the region’s beaches.

Invest in the potential of a property that offers space, location and countless opportunities to increase its value.

Tourism project at the approval stage, subject to obtaining the relevant administrative authorisations.
Energy Rating: F
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