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Why should I invest in a villa needing renovations in a quiet neighbourhood?

Villa in Loulé

ref. PTMM146
12.112.093NOK
  • D
  • 5
  • 4
  • 175m2
  • 5.175m2

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!

Usage
Residential
Type
Villa
Town
Loulé
Parish
Loulé (São Clemente)
Municipality
Loulé, Faro
Region
Algarve (Central)
Construction Year
1993
Rooms
6
Bedrooms
5
Bathrooms
4
Floors
2
Furnished
Negotiable
Living Area
175 m²
Usable area
225 m²
Plot Area
5.175 m²
Manual Entrance Gate, Driveway, Tarmac
Garage, Double Garage
Roof Terrace, Terraces
Fully Fitted
Office/Study
2 on Ground Floor, 3 on First Floor
4 Bathrooms, WC
Fireplace, AC, Solar water heating
Photovoltaik (Electric)
Borehole, Septic tank
Double glazing
Private, 10x5m
Private
Distant Sea View, Countryside View
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.
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