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Algarve, Loulé, Portugal

€425,000
Divine Home, Portugal
PROPERTY TYPE

Land

SIZE

12,744 sq ft

1,184 sq m

Key features

  • existing structure of a building
  • access to a roof terrace
  • amazing views
  • mains water
  • electricity
  • mains sewage
  • great access via tarmac road
  • very well located to Loule center
  • project is currently awaiting approval

Description

This project offers peace, privacy, and open countryside views.
Located just minutes from Loulé center, this good-sized ruin sits on an elevated 767 m² plot, offering privacy, space, and distant sea views. The existing structure spans 416.8 m² across two levels, with multiple divisions and outbuildings ready for transformation.

A project is currently pending approval, designed to elevate the property into a modern 6-bedroom home with a total build size of 539 m2.
Everything to a high-end finish. Plans include a basement, swimming pool, and covered parking for two cars.

The fundamentals are already in place:

•existing structure of a building
• access to a roof terrace
• amazing views
• mains water
• electricity
• sewage
• great access via tarmac road
• very well located to Loule center
• project is currently awaiting approval

You’re close to the heart of Loulé, with its full range of amenities and the well-known Mercado Municipal de Loulé, while the motorway keeps Faro and the coastline within easy reach.


REF: ST2529

Algarve, Loulé, Portugal

Approximate location
Open mapStreet View

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.

About Divine Home, Portugal

Do you like a property and are you considering purchasing it in Portugal?

With the 7 steps below you can complete a succesful purchase in Portugal:

1. Location - decide the area that you want to be in

2. Properties - make a selection of properties or choose an agency in Portugal that helps you find the right properties. This agent can also accommodate you on all viewings. Always choose an agent with an official AMI-license number in Portugal. We are happy to explain more about the buying service.

3. Viewings - once you have booked your flights, pre-book the viewings for the properties you wish to see. If you choose a buyer agent to work for you, the agent can schedule all visits for you.

4. Offer - when you have found the right property, you put in an offer to come to agreement with the seller

5. Choose the right lawyer - when purchasing in Portugal it is important to have a good, trustable, communicative lawyer. The lawyer is your legal advisor on the purchase.

6. Sign a promissory contract; onceit is important that this contract contains all the necessary conditions for you. When signing this contract the purchase is legally binding under the conditions of the contract. In the contract the date for the title deed at the notary is mentioned; this is the moment where you will receive the keys and become the owner of the property.

7. Title deed - before going to the notary to sign for the title deed, it is advisable to check the house on the day of the title deed and write down the meter readings to have all utility contracts being transmitted from the vendor to yourself. This avoids being disconnected which can take 2-3 weeks to get connected again to water or electricity.

Do you want help in finding the right property for you? We are happy to explain to you how we can help. Navigating a foreign market is easier with a local expert on your side.

Contact us via the phone number(s) or email address shown on the page and we will help you find your dream home purchase successfully!

Divine Home – with 4 offices spread in the Algarve and the Alentejo

AMI-license: 11606

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_ST2529) 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.

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