Plot of land with old house, perfect for restoration or development near Loule

Building Land in Loule, Central Algarve
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Quick Summary

Reference:
FEL-G
Region:
Central Algarve
Location:
Loule
Price:
€ 185 000
Property Type:
Building Land
Built Area:
m2
Plot Size:
1137 m2
Bedrooms:
0
Bathrooms:
0
Pool:
No
Airport:
20 km
Golf:
13 km
Beach:
15 km

Property Description

If you are seeking to buy a centrally located renovation project near Loule in the Central Algarve or envisioning crafting your dream home, this plot with an existing old house/ruin is for sale and presents a great investment opportunity. Nestled in a tranquil rural setting only a few minutes’ drive from the town of Loulé with all amenities, this detached country house offers immense potential. The current structure, divided into 5 rooms, spans 75 m2, offering the possibility of renovation into a charming residence with 2 bedrooms and 1 bathroom, ideal for a lock-up-and-leave lifestyle. Situated within an expansion urban area, any additional construction undertaken on the property could include the addition of a first floor, providing nice views of the surrounding landscape (construction licence needed). Water, sewage, and electricity is ready to connect. This plot is being offered for sale alongside a project nearing finalization in the planning stages and soon to be submitted to the Loulé Townhall. Interested? Contact us for more information or a viewing appointment. Energy certificate class N.A..

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