Description

Ideal for short-term (AL) and long-term rental investment. Located in the heart of Loulé, this historic building is currently undergoing a full high-quality renovation and will be delivered as a completely finished. This is a rare opportunity to invest in an entire building with 3 independent apartments, combining authentic character with modern comfort and strong investment potential. Perfect location and for a perfect investment. THE PROPERTY The building has already been divided into 3 independent apartments, each with its own layout and outdoor space: GROUND FLOOR APARTMENT Currently under construction, this spacious unit offers a spacious layout, with the possibility to create a 3-bedroom apartment. It will feature: - A bright, open-plan living and dining area connected to a modern kitchen - Direct access to a private 20 m² courtyard, ideal for relaxing or entertaining - A master bedroom with a walk-in wardrobe and an en-suite bathroom - Additional rooms that can be configured as bedrooms, an office, or a study space FIRST FLOOR APARTMENT A stylish 2-bedroom apartment - Open-plan kitchen, living, and dining area - 2 high ceiling bedrooms with 2 stylish bathrooms - Contemporary finishes with a practical layout SECOND FLOOR - PENTHOUSE APARTMENT A unique 1-bedroom penthouse featuring: - Bright living spaces with plenty of natural light - 2 large private terraces - Wonderful views over Loule towards the castle FEATURES & FINISHES Across the entire building, the apartments will benefit from: - High ceilings enhance space and light - Modern, fully equipped kitchens - Stylish bathrooms with quality materials - Underfloor heating and air conditioning, giving that all-year-round comfort - A seamless blend of historic charm and contemporary design INVESTMENT HIGHLIGHTS * The entire building can be sold as one property or as 3 independent units * Fully renovated and delivered finished in the final stages * Flexible layouts, including a potential 3-bedroom configuration on the ground floor * Multiple outdoor areas: courtyard + terraces * Ideal for short-term (AL) and long-term rental strategies * Strong rental demand in central Loulé * Opportunity to maximise yield through a multi-unit rental model LOCATION - CENTRAL LOULÉ Situated within walking distance of Loulés iconic market, charming streets, restaurants, and all amenities, this property offers an authentic Algarve lifestyle in a vibrant, year-round town. Loulé is highly sought after for its character, culture, and central location, just a short drive from: - The beaches of the Algarve - The Golden Triangle (Vale do Lobo & Quinta do Lago) - Faro International Airport THE OPPORTUNITY This property represents a unique chance to acquire a fully renovated building in one of the Algarves most desirable town centres. Whether you are looking to: - Create a high-yield rental portfolio, - Combine personal use with income generation, - Or invest in a rare central property with long-term value, this building offers the perfect combination of location, flexibility, and quality.