Ruin with Approved Project For Renovation Near Loulé

This large ruin with significant character offers excellent potential for restoration and expansion. The property consists of a derelict house with multiple rooms and outbuildings, arranged over two levels on sloping terrain, making it an ideal project for investors or families wishing to create a bespoke home.

Located in a very quiet area approximately 3 km from the historic centre of Loulé, the property enjoys open countryside views with the sea visible on the horizon. Its peaceful setting combines privacy with convenient proximity to the city.

The existing construction has a usable area of 416.8 m², set on a plot of 1 184 m². Mains water, electricity, and sewer connections are already in place, and access to the property is easy and direct—allowing development without the need to start from scratch.

A comprehensive restoration and extension project is currently pending approval at the town hall. The proposed project includes:

- Conversion into a modern six-bedroom residence

- A total planned construction area of 539.16 m²

- Two above-ground floors plus a basement

- A swimming pool for residents’ enjoyment

- Covered parking for two vehicles

Just a short drive from Loulé, the property offers quick access to all services, shops, restaurants, and the city’s cultural life, including the well-known municipal market. The nearby motorway ensures fast connections to Faro, Faro International Airport, and the beautiful beaches of the South Algarve.

This is a rare opportunity to invest in a property with exceptional potential in one of the Algarve’s most desirable inland locations.

OliveHomes.com

Remember, we are different! If you are not sure about where to buy then let us help. The location is probably the most important consideration for long term enjoyment in your new home. Or maybe you want long term capital growth? Whichever it is, whatever it is, remember we take it one step at a time. You are on a journey with us. A journey to discover whether Portugal is right for you, whether you want coast or inland, busy or quiet, expats or locals and, of course, proximity to the local restaurant! At OliveHomes.com we start with the location and make sure that is perfect before moving on to the property. So, if you are not sure then please ask. We love nothing more than showing the delights that Portugal has to offer.

OliveHomes.com is a dedicated and hard-working real estate company with vast experience and local knowledge within the property market, helping you to buy your perfect home or to sell your existing home. Virtual selling is our reality. We offer our unique 'Virtual Experience' on as many properties as we can. Take a look around in your own time and you will find a fully immersive 3D experience; a 360° tour (allowing you to remotely access the property), overhead videos and floor plans. We believe in giving you as much information as possible. Add to this our enthusiastic thirst for the perfect service and you'll see why our reviews (on both Google and our website) are so high! We like to help and take responsibility from start to finish so we can happily recommend lawyers, furniture companies, architects, surveyors, builders - nothing is too much trouble. Need a mortgage or bank account? - let us make an appointment. At OliveHomes.com we pride ourselves in matching you to your ideal investment or holiday home in the perfect location.

Turn your property purchase dream into a reality.

Contact us today and let's make it happen.