Algarve, Loulé, Portugal

Ideal for short-term (AL) and long-term rental investment. Located in the heart of Loulé, this historic building is currently undergoing a full high-quality renovation and will be delivered as a completely finished. This is a rare opportunity to invest in an entire building with 3 independent apartments, combining authentic character with modern comfort and strong investment potential. Perfect location and for a perfect investment.

 THE PROPERTY
The building has already been divided into 3 independent apartments, each with its own layout and outdoor space:

GROUND FLOOR APARTMENT
Currently under construction, this spacious unit offers a spacious layout, with the possibility to create a 3-bedroom apartment.
It will feature:
- A bright, open-plan living and dining area connected to a modern kitchen
- Direct access to a private 20 m² courtyard, ideal for relaxing or entertaining
- A master bedroom with a walk-in wardrobe and an en-suite bathroom
- Additional rooms that can be configured as bedrooms, an office, or a study space

FIRST FLOOR APARTMENT
A stylish 2-bedroom apartment
- Open-plan kitchen, living, and dining area
- 2 high ceiling bedrooms with 2 stylish bathrooms
- Contemporary finishes with a practical layout

SECOND FLOOR - PENTHOUSE APARTMENT
A unique 1-bedroom penthouse featuring:
- Bright living spaces with plenty of natural light
- 2 large private terraces
- Wonderful views over Loule towards the castle

FEATURES & FINISHES
Across the entire building, the apartments will benefit from:
- High ceilings enhance space and light
- Modern, fully equipped kitchens
- Stylish bathrooms with quality materials
- Underfloor heating and air conditioning, giving that all-year-round comfort
- A seamless blend of historic charm and contemporary design

 INVESTMENT HIGHLIGHTS
* The entire building can be sold as one property or as 3 independent units
* Fully renovated and delivered finished in the final stages
* Flexible layouts, including a potential 3-bedroom configuration on the ground floor
* Multiple outdoor areas: courtyard + terraces
* Ideal for short-term (AL) and long-term rental strategies
* Strong rental demand in central Loulé
* Opportunity to maximise yield through a multi-unit rental model

 LOCATION - CENTRAL LOULÉ
Situated within walking distance of Loulé’s iconic market, charming streets, restaurants, and all amenities, this property offers an authentic Algarve lifestyle in a vibrant, year-round town. Loulé is highly sought after for its character, culture, and central location, just a short drive from:
- The beaches of the Algarve
- The Golden Triangle (Vale do Lobo & Quinta do Lago)
- Faro International Airport

 THE OPPORTUNITY
This property represents a unique chance to acquire a fully renovated building in one of the Algarve’s most desirable town centres.
Whether you are looking to:
- Create a high-yield rental portfolio,
- Combine personal use with income generation,
- Or invest in a rare central property with long-term value,
this building offers the perfect combination of location, flexibility, and quality.
REF: SV2526