Loulé (São Clemente), Faro

CENTENNIAL HOUSE, CENTRAL LOCATION, RECOVERY, CONSTRUCTION OF A CHARMING HOUSE, BUILDING OR HOTELWelcome to Loul, a city with a medieval historic center; archaeological, architectural and cultural source of Arab influence in the Algarve region; with busy streets full of character and personality.I present you a unique opportunity to own a CENTENNIAL HOUSE near to the main avenue of Loul, Avenida Jos da Costa Mealha; which not only connects the east zone to the heart of the city, but is also one of the meeting points, social place and walks for those who live in the city, and is also the stage for the famous Loul Carnival.The property has a CENTRAL LOCATION, being within walking distance of the Louletano Theatre, Municipal Stadium, Municipal Market, Hospital and supermarkets; in this way, guaranteeing all the convenience and quality of life that Loul has to offer. It is located 6 km from access to the A22, 7 km from MAR Shopping, 13 km from the beaches of Quarteira, Vale do Lobo and Anco.The acquisition of this property allows for several opportunities, including the RECOVERY of a Centennial House or investment through CONSTRUCTION OF A HOUSE, BUILDING OR A CHARMING HOTEL.The property consists of a house on urban plot, ideal for those who dream of building the perfect house or perfect for a real estate development, both with excellent return potential. The property has a total area of 477m, with a footprint of 324m, gross construction area of 398m and adjacent land of 154m.In terms of recovery, it represents a rare opportunity to restore and expand a heritage site full of character, with the possibility of expanding the historic building (divided over two floors) and using the adjacent land for a patio, garage or garden area.If you choose to build, it allows the construction of a house or a building of up to 4 floors (ground floor plus 3 floors).Are you going to miss the opportunity to invest in a property with this immense potential, not only because of its location but also because of the versatility of profitability opportunities?Call me for additional information and schedule a visit to this wonderful property!Don't miss this opportunity!