Villa for Sale in Loule

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€825,000 EUR

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Ref 2244278 | Loule, Faro | 7 Bedroom Villa

Currency services provided by Excel Currencies 825,000 EUR  |  Approx.£710,408 GBP  |  Approx. US$882,915 USD
São Brás, Loule, Faro
  • Type: villa
  • Location: Loule
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 7
  • Bathrooms: 7

This modernised villa has a total of seven bedrooms across two levels. There are four studio apartments, each with their own kitchens, bathrooms and living areas. The apartments are all on the lower floor, with easy access out to the private pool, garden and games room; while the upper floor is the owner’s main living area, comprising three large bedrooms and three bathrooms. There is also a roof terrace, accessible via spiral stairs from the owner's balcony area, an ideal size to add a jacuzzi or leisure area. This property is a perfect opportunity to start your own small tourism business, as it has been run as such in the past all necessary licenses and business permits are in place. The property is also being sold furnished, minus a few personal effects, making this a turnkey rental or investment property. The villa also boasts a fantastic location. Within a 5 minute drive you can be in the town centre of Sao Bras, visiting the nearby Algarve Stadium which hosts sporting events throughout the year, or at the recently opened Mar Shopping complex – complete with Ikea, food court, cinema and designer outlets. With views to the countryside you have peace and tranquility, with all the essential amenities right on the doorstep! The separate games room has a pool table, ping-pong table and an outside BBQ area. There is also a further annex building, which currently sits as a ‘blank canvas’ and could be used as extra accommodation space or a storage area. Some additional extras with this property also include a borehole, automatic irrigation system, hot water solar panels, covered parking for up to 5 cars, hot/cold air-conditioning and fireplace. São Brás de Alportel was an ancient settlement in Roman times and later inhabited by the Moors, hence the Moorish influences across the buildings in the main town. Much of its wealth originated from cork production, being the biggest cork producing center in the country in the beginning of the 20th century, it was made into a municipality due to the little towns huge economic importance. Over the years cork production moved onto other areas in the country, leaving behind a reliant touristic base that encourages arts and crafts passed on from generation to generation.

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