São Sebastião, Loulé, Algarve, Portugal

€250,000

Key features

  • Detached
  • House
  • Land

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Other info

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  • Lease length remaining: Ask agent

Ref no: INT240176

This property is composed of three plots, with a total land area of 3,144.75 m².
Land with 3 Ruins | 3 Plots | 403.75 m² of Buildable Area | 3,144.75 m² of Land | Country House Construction

This property is composed of three plots, with a total land area of 3,144.75 m².

The land is filled with typical regional trees, such as carob, olive, fig, and almond trees.

The property includes a 3-bedroom house (T3) with a cistern and an oven. Currently unoccupied, it has an architectural project underway at the Loulé Town Hall for the construction of a 5-bedroom (T5) villa. The new project envisions five bathrooms, a swimming pool, and a total construction area of 300 m² on a 2,546 m² plot.

The terrain's uneven relief gives the projected villa a unique architectural design, perfectly adapted to the natural topography. The sale also includes an adjacent plot, separated by a path, featuring a 33.75 m² storage warehouse and an 85 m² ruin nearby, which may be rebuilt subject to municipal approval.

Location

Location:
Nestled in a peaceful rural area, the property is close to Boliqueime, with easy access via the municipal road 1177. This location offers the best of country serenity while maintaining quick connections to nearby urban centres.

Floor plan

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Floorplan

Stamp duty calculator

£

Total stamp duty

43,750 £

Please note: This calculator shows results for UK resident purchasers. These estimates are provided as illustrative figures for guidance only and cover only England and Northern Ireland. Cluttons is not authorised to give financial advice; the above calculator is not intended to be financial advice and should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

Mortgage calculator

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Monthly repayments

39,924 £

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.