Building for sale in Loulé

São Sebastião

2 500 000 €

Buy
id. 120141048-2892

720 m²

5

4

C

Description

This historic building, located in the heart of the city of Loulé, represents an excellent investment opportunity. With traditional architecture and a privileged location, it offers multiple possibilities for use, whether for housing, commerce or tourism.

Facing the Largo and the Church of S. Francisco, it also has a beautiful view from the attic to the hill of the Sovereign Mother. With a noble and robust construction, it has survived two earthquakes without any damage.

It has 360m2 of covered area, spread over 2 floors plus an attic. Part of the house, including the kitchen and main rooms, retains its original design. 

In its pleasant interior courtyard, with 174 m2, paved with Portuguese sidewalk and direct access for vehicles to Largo de S Francisco, we can also find the old coach house, an isolated building with two floors, with 92 m2, and the old cellar with 24 m2. 

With excellent potential for both own housing and investment

Potential and Opportunities

This building can be transformed into:

✅ Boutique Hotel or Guesthouse

✅ Commercial + Residential Space

✅ Co-living or Co-working Project

✅ Restaurant/Cafe with accommodation

The central location in the city of Loulé allows quick access to all amenities, services and tourist attractions. This is a property with great historical and architectural value, ready for a new innovative project.

If you need more details or want to explore renovation and investment possibilities, I can help!

Details

Private Gross Area m²720
Gross Area m²- -
Total Lot Size m²- -
Living Area m²720
Bedrooms5
Construction Year1951
FloorR/C
WC/Bathrooms4
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiencyEnergy efficiency

Map

listing-map-picture
Credit Simulation
Listing Price
2 500 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
8447.56

(*) 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.