Algarve, Loulé, Portugal
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Bedrooms: 1
- Bathrooms: 1
- City centre
- City centre
- Double glazing
- Double glazing
- Electricity
- Electricity
- Extractor
- Extractor
Description
We present this unique commercial building, located in a prime area of Loulé´s historic center, ideal for those seeking an investment with high appreciation potential. Currently licensed for commerce/industry, the property also has an approved project for conversion into a residential unit, allowing for the construction of a T1 spread across 3 floors, including a charming rooftop terrace.
This is the perfect space to develop a local business, create a stylish office, or transform into a cozy home, while taking advantage of the tax incentives available in the ARU (Urban Rehabilitation Area). An unmissable opportunity for investors, entrepreneurs, or those looking to live in the vibrant heart of Loulé.
Key Features
- Central location in Loulé´s historic zone
- Active license for commerce/industry
- Approved residential conversion project (3-level T1)
- Ground Floor: Kitchen and Living Room (14.75 m²)
- 1st Floor: Full Bathroom (12.03 m²)
- 2nd Floor: Attic with potential to convert into a Bedroom (12.58 m²)
- Rooftop terrace with city views
- Property located within ARU, offering tax benefits and incentives for renovation
- Possibility for current owner to carry out the T1 construction (€288,000 – negotiable)
At DS Albufeira Prime, we don’t just sell properties, we create projects with a future. With a close, transparent, and professional approach, we help our clients invest securely and strategically. We also offer support with renovations, rehabilitation, and decoration, through qualified teams and tailored solutions.
About the area
Loulé is one of the most charismatic and authentic cities in the Algarve, with a vibrant historic center, cobbled streets, traditional markets, cafés, and local shops. The area where this building is located is constantly appreciating, highly sought after by those looking to invest or live with quality, charm, and tradition.
Just minutes from the beaches, Faro Airport, the A22 highway, and major shopping centers, Loulé offers a perfect balance of peace and urban dynamism. Living or investing here means betting on a solid and promising future.
Schedule your visit today and discover the full potential of this unique building.
Your next investment opportunity in Loulé starts here!
Algarve, Loulé, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)9.6 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by DS Imobiliaria Albufeira, Faro (reference DSIAP130_174) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.