Description
This beautiful property located on the edge of the municipalities of Albufeira and Loulé, offers you a unique opportunity to acquire a unique property to rebuild and transform it into something with enormous potential.
The property is approximately 25 minutes drive from Faro Airport, 15 minutes from the best golf courses in Vilamoura and the most beautiful beaches in the Algarve are just over 10 minutes away.
The villa, which is already in an advanced state of reconstruction, has a gross construction area of 306sqm, with originally 2 floors and 5 rooms, being inserted in a plot of land with practically 2500sqm.
The reconstruction that is already underway but will have to be completed by the interested parties, the respective existing project translates into the creation of a property designed for rural tourism where its composition is based on, on the ground floor, 4 bedrooms en suite, two TV rooms, reading room, kitchen in open space for the dining room, storage area and two large covered terraces. On the 1st floor, we will have 4 more bedrooms all en suite and two more large uncovered terraces.
The project encompasses a large and beautiful outdoor space with numerous fruit trees and the prospect of building a swimming pool.
If they do not want to keep the construction demanding, they can eventually demolish the existing one and make 6 townhouses of about 100sqm (implantation area) and 150sqm (construction area), and also make basement and individual swimming pools.
Magnificent business opportunity.
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