House For sale in Loulé, Portugal for 2.200.000 €

(Zimmo code: ZBI-LNPMN)

EXCLUSIVE LISTING. Incredible Opportunity

With all the documentation now ready, this exceptionally rare estate presents incredible potential and a great investment opportunity

This is truly the last diamond in the roughall other properties in this highly sought-after Vale Formoso neighbourhood have already been renovated or rebuilt. However, none can match the expansive plot size of 10 526m2, construction of 592m2 excl terraces, the unique configuration of three separate dwellings, and the stunning sea views.
The property also includes a double garage, a 23-metre swimming pool, a tennis court making it a rare and valuable find waiting to be transformed into a luxury residential estate or a dream holiday escape.

Prime Location

Exceptionally well-located within the Golden Triangle, the estate is within 10 minutes of a wide range of amenities including top restaurants, the renowned Quinta do Lago and Vale do Lobo resorts, Loule, MAR shopping, several golf courses, beautiful beaches, and international schools. Faro Airport is also conveniently just 20 minutes away.

The Estate

A grand entrance through private gates leads up a long winding, cypress-lined calçada driveway. On the way up, you pass the tennis court before reaching the main residence near the top of the plot. There is ample parking, including a double garage.
Beyond the accommodation, the property features an orchard with various fruit trees and a vegetable garden. The entire plot is fully enclosed, offering privacy and safety

The Residences

Main House:At the heart of the main residence is a spacious open-plan living room with a wrap around terrace, perfectly positioned above the pool to take full advantage of the panoramic sea views. Also on the upper level are a traditional country-style kitchen, a large laundry room, and two en-suite bedrooms. (A third bedroom could be created with reconfiguration.)

Lower Level:The basement includes several storage rooms and a substantial 167m² open space with potential for natural light and direct access to the pool area. This space is ideally suited for a home cinema, gym, games room, or additional bedrooms.

Adjacent to the pool is a generous covered terrace featuring a bar, built-in BBQ, and dining areaideal for conversion into a luxurious outdoor kitchen.

Guest Annexes:Connected to the main house are two adjoining guest units, each comprising an open-plan living and kitchen area, a bedroom, and a bathroom. These could be combined into a single, larger annexe, offering flexible accommodation options.

This is a truly outstanding property and a rare investment opportunity in one of the Algarves most prestigious areas.

More on the Location
Algarve has an exceptional mobility index with Faro International Airport, Portimão Private Airport, 3 airfields and 5 heliports. Due to a wider option of direct flights, travellers often choose Lisbon Aiport and take a 2-hour drive to reach the Algarve. For yacht owners and fishing enthusiasts, there are 4 marinas and 3 ports. For health care, Algarve has 3 public hospitals, many private facilities, and a Centro de Saude in each town. Besides public schools in every city, there are also 6 International schools. And with over 300 days of sunshine and 250 km of coastline varying from smooth golden beaches to dramatic red cliffs leaning over the stunning blue ocean there are also plenty of historic attractions, a beautiful countryside, more than 40 golf courses, numerous sports activities/facilities and much more.

Abloom Boutique Real Estate is rated by its clients as the best in local market knowledge. Their portfolio of exclusive properties in the Golden Triangle and the Central Algarve country side as well as their ability to always connect the right buyer to the perfect product ensures they are the top choice of realtor for all their client´s future transactions. Their reputation of professionalism, integrity, local market knowledge and that personal touch wins them sale after sale.