Investing in a villa needing renovations in a quiet neighbourhood can be a rewarding decision, particularly with this classic 5-bedroom property near Loulé. Priced at €1,025,000, this spacious villa offers an exciting opportunity for buyers looking to create their dream home or a profitable rental property. The 5175 m² plot provides ample outdoor space, and the villa’s layout includes five bedrooms and a study, making it suitable for families and multi-generational living.
While the property requires some internal renovations, this allows new owners to personalise the home to their tastes and preferences. The existing structure already boasts elements like a private swimming pool, petanque court, and a large barbecue area—ideal for enhancing outdoor family life. Additionally, the villa is located just a few minutes from Loulé city centre, offering both convenience and tranquillity.
The potential for rental income in this area is significant, making it an attractive investment for those looking to maximise returns. It is also equipped with energy-efficient features, including solar panels and double glazing. With the right vision, this villa could become a stunning retreat with beautiful mountain and sea views. Don’t miss this opportunity—reach out to us today to discuss the investment potential further!
Charming property located on the outskirts of Loulé, but just a few minutes drive from the city center and all amenities. It offers views to the mountains and distant sea views.
The house consists of two floors: 2 bedrooms plus one office (could also be used as a bedroom) on the ground floor and 3 bedrooms on the first floor with terrace and stunning views. Living and dining takes place on the groud floor. The property is located in a quiet area.
The outside provides a large covered terrace, 10 x 5m swimming pool, petanque court, good sized barbecue area with bread/pizza oven and gorgeous views. The access to the property is excellent via a tarmac road.
This classic property could be ideal for a big family and / or to rent out. However, the house needs some interior renovations.
Amenities
Borehole
Double glazing
Log burner
Air conditioning
Solar panels for hot water
Photovoltaic panels for electricity production
Location
17km from the Beach
19km from Faro Airport
Other Info
There is a borehole and there might be a possibility to connect the water via the municipally.