Loulé, Almancil, Algarve, Portugal
€950,000Key features
- Development opportunity
- Unique property
- Detached
- House
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Ref no: INT260047
Excellent investment opportunity in one of the most sought-after and valued areas of the Algarve.
Set on a generous plot of land measuring 5,113 m², this property stands out for the possibility of having two independent apartments, a rare feature with great potential, whether for owner-occupancy, tourist rental or rehabilitation project.
With a total construction area of 396.30 m², the property needs renovation, offering the future owner the opportunity to create a unique residence or an excellent investment in a prime location.
Currently, the property comprises 6 bedrooms, 3 living rooms, 3 bathrooms and 3 kitchens, allowing for various renovation options and space optimization.
Outside, the expansive grounds offer a highly private environment, highlighted by the swimming pool, ideal for enjoying the mild Algarve climate, as well as various landscaped areas and spaces that could be enhanced through a landscaping renovation project.
Situated atop a hill, it benefits from an elevated position that provides pleasant panoramic views of the surrounding landscape and the Algarve countryside, offering a tranquil and exclusive setting.
This is a truly unique product on the market, combining ample land, the possibility of two apartments, a swimming pool, and a premium location next to the Golden Triangle.
Location
Located in the parish of Almancil, this property is just minutes from Quinta do Lago and Vale do Lobo, two of the most prestigious residential and tourist destinations in the Algarve.
A short distance away are some of the best golf courses in Europe, golden sandy beaches, excellent restaurants, shops, international services, and all essential amenities.
The location combines the tranquility of the countryside with proximity to the region's main attractions, making this property an excellent option for permanent residence, vacation home, or high-potential real estate investment.
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