5 Bed House for sale
Loule, Algarve, Portugal
£1,654,044 *
[€1,900,000]
Full Description
Just a few minutes from the centre of Loulé and within immediate proximity to the main roads connecting Faro, Loulé and Albufeira, this property offers a comfortable and practical living environment as well as significant development potential.
The unique feature of this property is that it consists of two separate plots (two cadastral registrations), combined into one single property :
A first plot of 1,200 m², on which the main house is built.
A second plot of 2,700 m², including a substantial ruin.
This property offers rare potential, as it can be divided into two separate lots :
A first lot with the existing house, ready to move into immediately.
A second lot allowing the reconstruction of a house on the plot containing the ruin (subject to the submission and approval of a project by the local council).
The total land area also offers opportunities for other investment projects, such as the construction of an apartment building, terraced houses or a residential development, subject to obtaining the necessary planning permissions.
Whether you are looking for a family home, a property development project or a high-potential investment, this property represents a rare opportunity on the market.
Built on a total plot of 3,900 m², the 550 m² house impresses with its generous proportions and quality construction.
The house, which is almost entirely single-storey, offers 5 bedrooms, including 2 suites, all with particularly spacious interiors.
Three additional bedrooms share two full bathrooms and benefit from large built-in wardrobes.
The heart of the house revolves around an immense living area combining the lounge and dining room, featuring an elegant wood-burning fireplace with insert.
The large fully equipped kitchen, open to the reception areas, features a central island; a pantry and an adjoining laundry room complete the space.
The first floor is entirely dedicated to the master suite, accessed by a wooden staircase.
This private area includes a spacious bedroom opening onto two private terraces, a walk-in wardrobe and an enormous bathroom with shower.
Designed for optimal comfort, the property is equipped with an alarm system, double glazing, air conditioning, shutters and mosquito screens.
The outdoor areas also offer remarkable features, including a huge garage with a workshop and storage area, capable of accommodating up to 6 vehicles.
There is also a beautiful landscaped garden planted with carob trees, olive trees and fig trees, bringing all the charm of the Algarve countryside.
A property offering multiple possibilities, located in one of the most sought-after areas of the Algarve.
Contact us today to arrange your viewing.
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Energy Rating: C
#ref: HTP-1191
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