Building for sale in Loulé

Building in Loulé with 357 m²

São Clemente

1 900 000 €

Buy
id. 120141144-1

357 m²

5

- -

C

Description

Mixed-Use Building with High Profitability and Expansion Potential

Excellent investment opportunity! Building composed of several units, ideal for private residence, commercial use, and/or income generation.

On the ground floor (left side), there is a commercial space currently operating as a restaurant, with a lease contract (income of €1600 until 2028), fully equipped and featuring a terrace, ready to continue operations without additional investment.

On the ground floor (right side), there is a residential unit comprising 2 rooms, kitchen, bathroom, hallway, storage room, and garage.

The property also includes an independent annex, consisting of a living room, kitchen, bathroom, and balcony, as well as a warehouse/storage area on the lower level — ideal for logistics support or storage.

On the first floor, there are two residential units:

  • Left side: apartment with 3 rooms, kitchen, bathroom, pantry, hall, and two large terraces;
  • Right side: apartment with 2 rooms, kitchen, bathroom, and terrace.

The building also benefits from a courtyard, offering additional outdoor space.

Key advantage: possibility to build up to 2 additional floors, significantly increasing the residential area and the investment’s value and profitability (subject to approval by the relevant authorities).

Highlights:

  • Multifunctional property (residential + commercial)
  • Operating restaurant
  • Multiple independent units
  • Excellent income potential
  • Outdoor spaces (terraces, balcony, and courtyard)
  • Expansion potential (up to +2 floors)

Ideal for investors seeking an asset with immediate income and strong future appreciation potential.

Details

Private Gross Area m²357
Gross Area m²- -
Total Lot Size m²- -
Living Area m²357
Bedrooms5
Construction Year1976
Floor- -
WC/Bathrooms- -
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Attributes

Close to Public Transportation
Equipped Kitchen
Exterior Views
Terrace
Urban
Residence
Style 60s
First owner
Close to Shops
Near School(s)
Near Hospital
Magnificent View
Furnished
Partially furnished
Storage Room
Balcony
Gas
Credit Simulation
Listing Price
1 900 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.