Nestled in the historic heart of Loulé, this character-filled property presents a remarkable opportunity for renovation and development within one of the Algarve's most vibrant towns. Spanning 60 square meters across two separate units, the residence is ideally suited for a charming private retreat or a bespoke hospitality venture. Although in need of refurbishment, the property maintains original architectural features that lend authenticity and distinctive appeal. Located within an Urban Rehabilitation Area (ARU), it benefits from numerous incentives and support for restoration, making it an attractive investment prospect. The property’s prime central location boasts excellent connectivity, just 8 km from the Nobel International School, 6.5 km from Mar Shopping Algarve, 13 km from the prestigious Quinta do Lago, as well as proximity to Quarteira and Vilamoura, at 13.5 km and 9 km respectively. Faro Airport is conveniently reachable within 18 km. This rare opportunity enables discerning buyers to transform a historic structure into a modern, functional space, perfectly positioned to capitalize on the region’s growing demand. Whether envisioned as a private residence, a boutique hotel, or a creative commercial venture, this property offers a unique foundation for turning a piece of Loulé's rich heritage into a contemporary lifestyle or investment masterpiece.

1 bedroom detached house

Data source: https://www.rightmove.co.uk/properties/163919459?currencyCode=GBP#/?channel=OVERSEAS