Algarve Retreat with Approved Reconstruction Project Ready to Build

Semi-detached 1-bedroom ruin for reconstruction, with architectural and engineering projects already completed, allowing for a swift start to construction while providing greater security, predictability, and control throughout the entire building process.

An opportunity inspired by the principle that simplicity is the ultimate sophistication, ideal for those seeking a home at a balanced price, just minutes from Loulé, in a peaceful rural setting. Located in Parragil, this property preserves the authentic identity of the Algarve’s countryside and the traditional character of the region.

Living in this location means enjoying close proximity to Loulé, one of the Algarve’s most authentic and dynamic towns. Renowned for its historical heritage, including the iconic Loulé Castle and the emblematic Municipal Market, the town offers a vibrant cultural scene throughout the year, featuring renowned events such as the Loulé Carnival, MED Festival, and White Night.

The quality of life, excellent range of services, proximity to the beaches of the Golden Triangle, and growing property appreciation make this area particularly attractive for both permanent residence and investment.

The registration procedures for the enclosed 166 m2 courtyard are currently underway, providing space for private parking and a pleasant outdoor area.

The property is sold in its current condition, including the completed architectural and engineering projects. The registration process for the courtyard is ongoing and does not constitute a condition for the completion of the sale.

Alternatively, the house can be sold fully completed for €279,500.

Areas

- Gross Construction Area: 60 m2;

- Net Internal Area: 40 m2;

- Courtyard (registration in progress): 166 m2.

Distances

- 7 km from the centre of Loulé, with municipal market, restaurants, shops, health centre, hospital, schools, and municipal services;

- 7 km from major supermarkets (Continente, Pingo Doce, and Lidl);

- 4 km from the A22 motorway (Via do Infante);

- 10 km from Vilamoura’s golf courses (five 18-hole courses);

- 13 km from Vilamoura Marina;

- 17 km from Galé and Albufeira beaches;

- 20 km from MAR Shopping Algarve;

- 30 km from Faro Airport.

Contact us for further information or to arrange a viewing. Discover the potential of this opportunity in the heart of the Algarve countryside.