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Renovation Project with Sea Views and Plot near Loulé

237,000 $
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Total area: 302 m² Land area: 820 m² 2 bedrooms 3 bathrooms
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Features
  • Total rooms: 6
  • Balcony or terrace
  • Golf course
  • Garden
  • Sea view
  • Forest view

• Living Area 302m²

• Plot Size 820m²

• Extra plot available to increase garden

• 2 Levels

• 4 Bedrooms

• In sought after area Alfeição

This renovation project could effectively be completed without extensions with a total cost including purchase of no more than € 450,000. In a sought-after area with privacy and sea views this is an opportunity not to be missed.

The current plot size is 820m² and an adjoining plot of equal size can be purchased for under € 10,000.

The property is in a relatively good state and no extensions or permission is needed to complete the project. It is located along a quiet country lane with few neighbours and little passing traffic.

Plans attached show a project to open up the ground floor living area to an open plan lounge, dining and kitchen area with access out to a decked area with sea views. 3 bedrooms can be achieved on the ground floor including 2 bathrooms (1 en-suite) with the upstairs completely consisting of the master suite with double windows, en-suite bathroom, dressing area and patio doors opening out onto a flat roof terrace giving views across the countryside to the ocean.

Features

Parking: Driveway, Parking outdoors

Garden: Natural, Trees, Fruit Trees

Views: Country-side View, Panoramic View, Sea View

Amenities

• Cistern for water

• Septic tank (needs repairs)

• Access by tarmac road

• Fruit and nut trees

Energy Certificate: F

Location

• Located down a quite country lane with few neighbours.

• A 15-minute drive to the coast and beaches

• Just a 5-minute drive to the market town of Loulé with all amenities catered to: supermarkets, banks, post office, restaurants, cafés, bars, newsagents, schools, churches, medical centres, pharmacies and a wonderful daily morning farmers and fish market (except Sunday).

• 7 km to the nearest golf courses

• 25 minutes’ drive to Faro international airport

Statistics in Algarve

Price per m², $
2,698
Crime rate
30
Real estate Price, $
Apartment in the city centre, m² 2,697.22
Apartment in a bedroom community, m² 1,506.55
Transport Price, $
Public transport, 1 ride 4.51
Monthly travel card 56.44
Taxi, 1 km 0.72
Petrol, 1 l 1.68
Food Price, $
Water, 1.5 l 0.61
Milk, 1 l 0.78
White bread, 500 g 1.04
Eggs, a dozen 1.69
Chicken fillet, 1 kg 6.21
Education Price, $
Kindergarten, per month 438.96
International school, per year 8,804.17
Security index
Crime rate 12.5
The risk of being robbed 37.5
The risk of car theft 37.5
The risk of break-in and property damage 31.25

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Kseniya Kolesnikova
Kseniya Kolesnikova
Real Estate Expert Tranio in Loule
+44 17 4822 0039
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