Restoration Project for Six-Bed Villa near Loulé

About this place

Yellow Homes - Land and Houses Algarve presents a large ruin with character and scope for restoration. The property comprises a derelict house with several rooms and outbuildings over two levels on sloped terrain. This is an ideal project for investors or families looking to create a personalized home with without having to go through the lengthy early stages of designing and licensing a project from scratch. It lies in a very quiet area approximately 3 km from Loules historic centre. The position offers open views across the surrounding countryside with sea visible on the horizon. The existing construction has a usable area of 416.8 m2 on a plot of 767.2 m2. Mains water, electricity and sewer connections are in place, and access to the property is straightforward. A comprehensive restoration and extension project is currently pending approval at the town hall, which foresees: * Conversion into a modern six-bedroom home * A total planned build area of 539.16 m2, distributed over two above-ground floors plus a basement * A swimming pool for the future residents enjoyment * Covered parking for two vehicles. A short distance from Loule, you will have access to all services, shops, restaurants, and the citys vibrant cultural life, including the famous municipal market. Proximity to the motorway ensures quick connections to Faro, the International Airport, and the magnificent beaches of the South Algarve. Don not miss this unique opportunity to invest in a piece of the Algarve with extraordinary potential. Schedule your visit now and start building your future today.