Exceptional Renovation Opportunity in the Heart of Loulé – Characterful Villa with Terrace and Annex

Discover this charming villa located just 150 meters from Loulé’s historic center, offering an outstanding investment opportunity in the Algarve. With a generous 92 square meters of internal space, this property presents enormous potential for transformation and value appreciation through renovation. The current layout includes a ground floor featuring a kitchen, spacious living room, bathroom, and pantry; a first floor with two bedrooms, a bathroom, and a versatile mezzanine ideal for a third bedroom or home office; and an upper-level annex that grants direct access to a rooftop terrace, with the potential to create an independent bedroom or guest accommodation. Ideally situated within walking distance of Loulé’s vibrant town center, residents will enjoy proximity to local shops, cafes, traditional markets, and essential amenities. Whether you’re seeking a bespoke holiday retreat, a permanent family home, or a lucrative rental property, this residence offers versatile options for customization. Its prime location and considerable potential make it perfect for investors eager to capitalize on Loulé’s growing appeal. Additional highlights include easy access to the airport (17 km away) and beaches (12 km). Don’t miss this outstanding opportunity to acquire a property with significant development prospects in one of the Algarve’s most charming towns.

2 bedroom villa

Data source: https://www.rightmove.co.uk/properties/161449565?currencyCode=GBP#/?channel=OVERSEAS