$1,986,944

Mixed Use Property, Intended For Residential And Commercial Use, Loulé, Algarve

  • 6 Beds
  • 3 Baths
  • 3,843 Sqft
  • 1.02 Ac lot
  • Updated: June 18

About the Property

Mixed-use property, intended for residential and commercial use, located in Almancil, in a prime area of the municipality of Loulé, with excellent access and proximity to main amenities, local shops, services, and the renowned areas of Quinta do Lago and Vale do Lobo.

Situated on an urban plot of 4,100 m², this property stands out for its versatility, size, and high investment potential,
Mixed-use property, intended for residential and commercial use, located in Almancil, in a prime area of the municipality of Loulé, with excellent access and proximity to main amenities, local shops, services, and the renowned areas of Quinta do Lago and Vale do Lobo.

Situated on an urban plot of 4,100 m², this property stands out for its versatility, size, and high investment potential, bringing together different buildings intended for residential, support, and commercial activity.

The property comprises:

A house with 3 rooms, with an area of 114 m²;

A second unit consisting of 5 rooms, with an area of 94 m²;

Garage with storage, with 69 m²;

An outbuilding with 40 m²;

A single-story building with 3 rooms, with an area of 40 m².

Complementing the ensemble, there is also an elegant, fully functioning restaurant with a pleasant terrace and parking with capacity for several vehicles, offering excellent conditions for commercial exploitation and receiving clients.

The property also has a large, carefully utilized outdoor area, where various fruit trees and traditional species from the Algarve region are found, providing a natural, tranquil and welcoming environment. Among the various existing trees, almond, olive, fig, orange and lemon trees stand out, giving charm and authenticity to the space.

The combination of housing, support spaces, commercial area and green areas makes this property ideal for own residence, tourist investment, restaurant, local accommodation or development of different business projects.

Located in one of the most valued areas of the Algarve, it benefits from a strategic location, just minutes from beaches, golf courses and main road accesses, representing an excellent opportunity for those seeking to combine housing and business in the same space.
Energy Rating: E
#ref:CAS_54331
  • Property type

    House

  • Year built

    1951

  • Price/sqft

    $517

  • Emissions

    NI

  • Consumption

    E

Features

  • Garden
  • Terrace
  • Garage
  • Mountain View
  • High Ceiling
  • Bar
  • Air Conditioning
  • Parking

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Garvetur

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Garvetur
Faro, Portugal
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741
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2023
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Garvetur
Quarteira, Faro, Portugal
View agency profile
Last updated
June 18
First listed
May 30
Listing reference
CAS_54331-0525915412
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