The Algarve Property Specialists
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Business Opportunity 4 + 2 Bedroom Villa with 2 Apartments and Sea Views in Loulé

Villa in Loulé

ref. VM1420
475.000€ 390.000€
  • E
  • 4
  • 3
  • 316m2
  • 5.100m2

This extensive property is perfectly located very close to town and all amenities. Sea views and open country views from many terraces gives the villa a sense of space and light. Huge potential for a B&B

Usage
Residential
Type
Villa
Town
Loulé
Parish
Loulé (São Clemente)
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
1995
Rooms
6
Bedrooms
4
Bathrooms
3
Floors
3
Furnished
Partly
Living Area
316 m²
Usable area
534 m²
Plot Area
5.100 m²
Tarmac
Garage, Underground Garage, Driveway, Private Parking
Lounge, Dining
Roof Terrace
Partly fitted, Rustic
Storage Room, Laundry, Basement
Bedroom 1
2 on Ground Floor, 2 on First Floor, Fitted Wardrobe
Bedroom 2
2 on Basement
Bathroom 1
1 En-Suite, 2 Family Bathrooms
Bathroom 2
2 Bathrooms
Mains water, Cistern, Borehole, Mains drainage, Gas Bottle
Single Glazing
Water tank
Natural, Fruit Trees
Sea View, Panoramic View, Country-side View
• Living Area 316 m²
• Plot Size 5,100m²
• Year of Construction 1995
• 4 Bedrooms, 3 Bathrooms, 1 En-Suite
• Potential of 2 more Bedrooms in Main House
• Large Basement, Garage and Storage

This immense property has a huge potential to become a B&B or large family home with space for many guests. Some recent renovations have been done and finishes are now needed. The property is within walking distance to the market town of Loulé with all amenities on the doorstep

Entering the property through the gates you have a driveway down the side of the villa to the warehouse and to the garage at the front. Entering the house, you have a bright entrance hall with pretty tiled stairs up to the first level.
On the ground floor is a large lounge with a dining area through an archway and patio doors out to a large south facing barbecue terrace with sea views. Off of the dining area is the kitchen with a large laundry room and access out to the terrace.
On the ground floor there are 2 bedrooms (1 en-suite) a family bathroom, a garage and a storage room.

Upstairs there are 2 more bedrooms, a family bathroom and 2 more rooms which could be used as bedrooms or a lounge and kitchen plus a small storage room. There is access out to a large terrace with sea views and a spiral staircase up to a roof terrace.

On the lower level of the property are 2 separate apartments with 4 rooms (2 bedrooms, a lounge area and a bathroom). The grounds of this property is mostly natural and a pool is under construction.

The plot is fenced only at the front of the property and the land benefits from many fruit trees.
This house has the potential to have a rental licence.

Amenities

• Borehole and water holding tank
• Mains water can be connected (at gate)
• Fireplace in lounge
• warehouse
• Garage
• 2 separate apartments
• Laundry room
• Barbecue
• Ample Storage

Location

• 1 km to Loulé town
• 15 km to the nearest beach
• 18 km to Faro airport
• 13 km to the nearest golf course
• 2 km to the nearest school (Loulé college)

Other Info

• Fruit trees include: Orange, lemon, apricot, fig, almond, nespera, carob, grape, olive
• A rental licence has been applied for and is in process