- land1,464 m²
- rooms3
- bedrooms3
- Area260 m²
- ConstructionN/A*
- ConditionN/A*
- Floor1
- ParkingN/A*
- bathrooms2
- Shower roomN/A*
- ExposureN/A*
- HeatingN/A*
- ToiletN/A*
- KitchenN/A*
Property Loule (Portugal)by annonceur international
PropertyLoule (Portugal)Price : $1,263,500 ($4,860 / m²)
$1,263,500
($4,860 / m²)
The property has a gross construction area of 260.30 m2 and a private living area of 132.60 m2. The villa is complemented by spacious terraces, a traditional barbecue area and several spaces for relaxing, dining and entertaining outdoors, allowing you to make the most of the Algarve’s pleasant climate.
The land is one of the property’s main highlights, offering privacy and plenty of outdoor space with mature trees, established vegetation and various garden and leisure areas.
A process to subdivide the land into two separate plots is currently underway. The proposed division comprises Plot A, measuring approximately 971 m2, on which the existing villa is located, and Plot B, measuring approximately 1,022 m2. A building footprint of up to 440 m2 is planned for the second plot, highlighting the property’s excellent development and investment potential, including the possibility of constructing a second villa.
Completion of the land subdivision and any future construction will be subject to the conclusion of the relevant process and the necessary approvals from the competent municipal authorities.
The upper terrace offers pleasant open views over the surrounding landscape, while the generous exterior areas provide excellent scope for landscaping and further improvements.
Although the property could benefit from some updating, it represents an excellent opportunity to create a charming permanent home, holiday residence or investment property tailored to the new owners’ preferences.
Conveniently located in a good residential area of Loulé, the property combines space and tranquillity with easy access to the town’s shops, restaurants, schools and essential services.
A characterful property with generous land and exciting development potential, ideal for buyers seeking a versatile and distinctive opportunity in the Algarve.
Advertiser reference : 120547551Le Figaro Properties reference : 108979507
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Property Loule (Portugal)
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