Property with Potential for Tourism or Residential Development.

Faro, Loulé

Property with Potential for Tourism or Residential Development.
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Property with Potential for Tourism or Residential Development. 350 000 € Ref: AP062/2022
141 m²
141 m²
106 m²
7571 m²
Property with Potential for Tourism or Residential Development.

We have the privilege of presenting an exceptional investment opportunity, located on the eastern slope of Cerro Cabeça de Câmara, in the municipality of Loulé, in the heart of the Algarve. This property is distinguished by its strategic location, the surrounding natural conditions and the high potential for development, both in terms of tourism and residence.
With a total area of approximately 7,500 square meters, the property is part of a building in a state of ruin, with 141 square meters, susceptible to rehabilitation or expansion up to 300 square meters on the ground floor, according to the legal framework currently in force. This factor gives the property a relevant set of constructive possibilities, allowing the design of a unique and differentiating project, fully integrated into the landscape and cultural context of the region.
The geographical positioning of the land provides wide and unobstructed views over the natural surroundings, with emphasis on the mountains and the Atlantic Ocean in the background, offering an environment of high tranquility, privacy and direct contact with nature. This framework makes it particularly suitable for the installation of rural tourism units, high-end local accommodation structures, small boutique hotels or even retreat and wellness projects, in line with the current demand trends in the quality tourism sector.
In terms of accessibility, the property is just five minutes from the center of Loulé, with easy access to all urban services, public facilities, traditional commerce and cultural centers of the city. In addition, in less than fifteen minutes it is possible to access the main beaches of the region, such as Quarteira and Vilamoura, as well as golf courses, marinas, hotels of international reference and leisure areas of high prestige.
The combination of the preserved natural surroundings, the urban proximity and the existing constructive potential give this property a highly attractive investment profile, not only for its versatility of use, but also for the high potential for asset appreciation and economic return in the medium and long term.
It is aimed at developers, investors and individuals with a strategic vision, who wish to develop a project with identity, authenticity and territorial integration, in one of the most sought-after territories in southern Europe.
For additional information, scheduling a visit or technical support in the feasibility assessment, we are entirely at your disposal.
 
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Property Type House
Typology 0 Bedrooms
Objective Sell
Condition To be recovered
Price 350 000 €
Year of Construction 1970
Country Portugal
District Faro
County Loulé
Parish Loulé (São Sebastião)
Zone N/A
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